Today's sellof in Bitcoin creates rather bearish technical setup. Absence of positive near-term triggers and growing uncertainty in macroenvironment provides pressure on cryptos, including Bitcoin. If the next support level (around 18.7k) is broken, we may see BTCUSD is falling to 16k or, in the worse case scenario to 14k in the next 3 months. Beware of mid-term bearish trend. Only short-term - Daily trades would be recommended at this time.