BTC is already down bad at 40k, but if we don't stabilize SOON, the most likely outcome will be another 50% crash... We need a huge green dildo soon.

Drop under 33k and there is only one immediately bullish count left. In this case a new low below 28k is the most likely outcome, by far.

Don't shoot the messenger.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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