$BTC Second Target Reached #Sequential

Hi everyone,

The previous exhaustion point was too weak to reverse the price
It only formed a short consolidation pattern (Bear Flag) before another drop.

Now BTC has reached the second bearish target (on BITSTAMP)

The price is currently printing an exhaustion point S13 + A21 on daily chart and a S34 on the 12H chart.
These new exhaustion points should now lead to another consolidation pattern or a needed bounce as price is quite oversold now


Warning Points:
BTC is still in a bearish channel
A touch of the bottom line of the channel is still possible


Best!

MATHR3E



Sequential indicators:

• MATHR3E TD Multi Sequential
  
  
• MATHR3E TD Setup Trend
  
  
• MATHR3E TD Sequential Fibonacci Extension
  
  
• MATHR3E TD Aggressive Fibonacci Extension
  
  
• MATHR3E TD Combo Fibonacci Extension