BTC Ready to Go

Something big is coming and soon.

The pattern suggests down. If I want to get cute, support could hold until $28.4k area as it did the past two weeks. And since there's a print as low as $25,835

I can't say for sure what I will do if it breaks, but shotgun shorting a smattering of assets is likely for me because a breakdown signals the capitulation sell-off is starting.

Conversely, a blast out of this level would be bullish and signal a bear market rally is underway. I don't think it would get there, but BTC can rally as far as $40k while remaining in a clear bear market.