💰 Our short position from $72.8k reached our 200 EMA target. Bitcoin dropped by $12k from its high.
- The failure to close the weekly candle above the previous ATH.
- A Rising wedge, Bearish Pattern.
- And Slowdown in ETF inflows caused this market dump 📉
It looks like we are heading to a high liquidation zone between $50k and $48k.
There will be a 3-5% price bounce along the way from the support zones.
