$XBTUSD 1H I'm not a fan of fractals, but in the name of honesty, here's the bear case. Arrows mark similarities. You be the judge.

$XBTUSD Weekly Closed.

$XBTUSD 4H A little late on the schedule, spent some time making a new HL, but it's getting there.

$XBTUSD 4H Update. Possible rising wedge.

$XBTUSD 4H Update. Critical support. (top line adjusted a little)

$XBTUSD 4H This trendline (purple) was at almost completely transparent on previous charts, I just noticed the touch. I'm calling this a "zombie trendline".

$XBTUSD 1H Retest of the broken trendline from below can be seen here. I hedged my long.

$XBTUSD 1D I said before that BTC pumped every time it touched the 21D EMA, but this time it may actually be different: it's currently making a lower high, possibly giving birth to a failure swing (continues...) 1/2

Such failure swing would be confirmed if BTC closes the daily below 10.5k, at which point I'd expect a bigger correction to 8k or below. Again, this is *unconfirmed*, it might take a few days for any significant move. I'm currently flat with my long hedged.…

From an OTC desk.

https://t.co/GshowidqPi

I’m going to be out in the woods without internet for the weekend. Get BTC to 16k and my followers to 3k while I’m gone.

$XBTUSD 1D Update. Swing failure confirmed IMO (some would wait for a close below the 9.8k wick). First time touching the 52EMA (also .236 fib) from the beginning of the bull market. I still find a deeper correction to ~8.5k plausible.

$XBTUSD 4H This orange block seems like a good medium-term shorting opportunity.

$XBTUSD 4H Update. Setup complete (still holding with stop on profit).