BTC to 60K chance

might happen else 55 53 50 48 45 43

if confirmed neckline then 60K 64-65K

Comment:

BTC broke down below, im looking at 55 as first target if it exits the uptrend channel created from exit of downtrend channel at 52.5 bounce

After 55 it can test 57 one last time before heading down to 52.5 50 48 45 4

Trade active:

BTC needs to keep making closes under 57K new resistance, 58K was prior resistance at 4H

also waiting for that daily close, if it doesnt close good for bearish, then cme will become a price magnet

Comment:

CME became price magnet and went up a little higher but got rejected

Target 1 reached for short 55K
60K almost reached for long (59K)

Comment:

Target 2 reached 53K

My short is going really well

Comment:

im looking at 50K and 46K in the very near future, with a possible 40K wick with the help of liquidations