BTC: Waiting For The Bearish Wave

BTC: Waiting For The Bearish Wave

During the previous month, the price reached a new high at 31800.

Since that moment it was only creating a big corrective pattern that lasted for almost 1 month.

After the price broke down this big correction we can see also another small correction which added the chances for a bigger correction

From the previous analysis, the price moved down as expected 2.8% so far

Details are on the chart.

Thank you and Good Luck!