#Bitcoin is breaking the level I mentioned yesterday.
If we get a daily close below it, I’ll consider a short toward the 75k area. This would also work as a hedge against the #Ethereum long I shared with you.
$TNSR gave a breakout of the falling wedge #pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once the price breaks the area, you can build a short position and go long only after the rejection in HTF. #crypto
#Bitcoin could fall another -70% to -80%, like in past bear markets. But as per CryptoQuant, the bigger risk right now isn’t a sharp crash, but $BTC going nowhere for a while. #crypto