BITCOIN: A Potential Bearish Scenario

BITCOIN: A Potential Bearish Scenario

Bitcoin broke down from a strong support area related with a bigger
structure and a small pattern as well.

This can add some more bearish steam to the movement.

However, the place where BITCOIN is right now is a bit tricky also for the bullish scenario
and it is not clear at all.

In our scenario, the price can test the previously broken structure and it can move lower.

Targets on the chart

Thank you and Good Luck!