Last week when everybody was bulish, the price was @6500$ and people were calling a Btc Brakeout i posted a warning https://steemit.com/bitcoin/@tristiancnc/bitcoin-to-much-fomo-and-exuberance i hope you were carefull. Unfortunately math is math and descending triangles brake down 70% of the time.
What now ? As far as i can see 3 options :
A trendline bounce from the major trendline coming from 2012. Unlikely to happen ( if it does it needs to be in less than 24 hours )
A quick drop to @ 4900$ fallowed by capitulation and massive volume up
Slow bear market going down to @ 2500-3000$ (maybe less)
