BTC forming a bear pennant.
Making lower highs and lower lows.
Broke below the daily 50 EMA.
Expect price to fall from here and correction to ensue.
Looking to find support at the 100 day EMA or at the 47k area. If it breaks below then 42k is still strong support.
BTC will take a break for a little while and should come back strong for a push to 100k and...
Clean continuation pattern forming, the descending triangle after the initial dump, expecting one more leg down, keep an eye on daily candle close as well possibly printing a pin bar here.
