BTC Bearish short term still in play.
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We see the smaller triangle pattern everyone has been talking about break to the upside but as of now it created a double top and rejected (My red box). I'm still bearish and believe we have one more leg down to 8500-9k my lower red box. If we can break the upper red box and hold we could be on our way to make new highs this year (Get ready for alts to be obliterated). If we go lower this could be the catalyst for "Alt season" everyone has been looking for. The smarter game would be to open a short here with a stop above 12,100 (lower risk) and let it free fall.
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