Bitcoin death cross + bearish divergence: crash to 5k, 2.5k

Death cross is a matter of time as long as bitcoin stays under 200D, and it seems like it'll happen within days, not if hours.

Bearish divergence in volume

Very high sell pressure build-up (per UO).

Crash is imminent

Kommentera:

only $100 away from death cross!

Kommentera:

potential rising wedge on 1h chart

Kommentera:

indeed broke down. now looks like double top on 1h confirmed, target should be around the previous low.

that would most likely trigger death cross ==> lower low

Kommentera:

potential rising wedge on the hourly

Kommentera:

fallen out of the wedge. should probably target 7.4k now

Kommentera:

another rising wedge

Kommentera:

crashing a little at a time. this one probably will take weeks before reaching the target