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BTC (Y21.P5.E6).Drop coming

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INDEX:BTCUSD   Bitcoin
Hi all,

Looking at the structure, and indicators, a drop is imminent at this point especially now that we hit 48K and failed to make new highs.
We always said, the target was between 47.5k to 50.5k. for this impulse.
Also in line with the BTC dominance chart which indicates a bounce for btc at a key support level.

About a 7% drop.



All the best,

S.SAri
Kommentera:
A word of caution. This can easily find bulls support and hence be careful how or when to short.

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