BTCUSDT
The bearish rising wedge formed early 2022 seems to be having larger implications that expected.
A second flag is forming at the 20K area warning of a further decline to the 10K support area where it will consolidate for the short term.
The bigger pictures show us that #Bitcoin will suffer on the longer term as well, at least until November/December this year and will most probably make its way down to the 5K support area and touching the 2020's low again, as it is breaking out from a 2 year double top formation formed since Dec 28th 2020.
This seems to be realistic when considering the recession we're going into and that the major indices are moving in correlation to Bitcoin, therefore giving us an early warning of this drastic decline.
This is just based on my personal analysis. Do your own before committing.