Hello Crypto Friends!!

Sad news ahead, well, sad if you wanted BTC to keep going up... 

Good news if you want to get some cheap Bitcoin, or make extra BTC by shorting.

So my trade 5, was good untill it was bad, haha. I actually took profits on it, then when BTC started to drop i added to my position again. Then BTC kept dropping.... So i had to pull the plug.

So currently back to 0.013. 

Here is Trade 6 setup-

Double topped at 7k, which is a crucial level for many reasons. The dotted line being our old legacy trend line. Also a few Fibonacci levels on big time frames.

We have broken out of the rising channel, which gives us a measured move to around $6150.  So will short it to there, proabbly taking profits at $6400, and maybe adding back to my short on the bounce.

I think at $6150 we see some consolidation then......

$4400 is the target of the channel breakdown from there. Potentially we bounce there with divergence, then maybe even visit the $3150 level before we start the real bull run.

But have to take it level by level i guess.

So i think i will keep this short trade for a little while, taking profits at levels, and adding to it on bounces.