Bearish Breakdown of Bitcoin

As discussed in my prior chart, Bitcoin was on a bearish breakdown. Prior support fell quickly and now looking towards is next support level of 18,600 - 19,600. Should that level fail look for it's next level support near 16k level. I closed my shorts for a profit but will plan to re-open should we get a retest of the recent s/r flip level. AS seen below, indicators are showing negative momentum on the daily chart. The Monthly chart is also pointing with negative momentum.