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My Thoughts on Bitcoin for the Short-Term (next few days)

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This is not financial advice or a recommendation to buy or sell. These are just my thoughts and are for educational purposes only.
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Since more data has come available, here are new projections for the short-term.

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Not looking good. If we get a 4-hr candle close below the 55-ema, we could see further downside.
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Further downside is the most probable case based on recent price action. I'll be looking for a third bounce for a quick trade. I'm estimating we'll end up around 8,100 - 8,000.

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