The bear flag on the BTCUSD 1D broke south with a price rejection short of 11,000. I expect price to come down and bounce off of the 100 EMA . If it breaks through the 100EMA I can see it possibly going all the way down to the missed weekly pivot around 8600 before rebounding.
There is also what looks like a small head and shoulders that may be setting up on the 8Hr chart.
There is also what looks like a small head and shoulders that may be setting up on the 8Hr chart.