bitcoin possible support levels after upcoming crash

22 באפר׳ 2021

we broke the bearish pennant mostly visible on the 4 and 1 h time frames today. and now we are in the making of a possible descending triangle. if we break down we have relatively strong support at 47000 area(triangle target and 20weekly ma). too soon to decide what might happen after that but I'm fairly bearish right now. TD-sequential suggests at least 3 more days of down side and the 4h chart keeps making lower low and highs.
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