BTC | The bounce is over, another drop is on the way.

Short at 20750, SL 21000, TP 18800

The channel break out is quite strong, with a shake out of short positions, now the true down is coming.

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Comment: So, the next entry point is around 18800, which is quite an important support price level, I will wait for a second test, and take a long position.

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Comment: Or will it bounce to 20750 and drop again? No idea, let's see what happen.

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The bearish is going on...

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Wow, the back fire is quite painful