Hey traders, welcome back to another market crash.
Responding to some update requests Bitcoin Diagram from the previous idea.
Bitcoin It was trading in a downtrend. However, the price is stuck in a range. So, there are two possibilities here:
Bulls want to set up a short press for the bears to buy back their shorts.
The bears would like to break the lows and a calculated move down which would take us to the 10k-12k levels.
Check the graph for the triggers on both sides.