BTCUSD - Indicators neutral. Watching and waiting.

This is the only count that makes any sense to me right now for $BTCUSD. Contracting Bear Flag.

Calm before the storm. We'll see where this goes.

If it breaks down:

Short term bear market: low 8k / mid 7k

Could retest 6k Feb lows by May.

Comment:

Plotted this before I went to sleep last night and woke up to a sell off that was faster and steadier than I would have guessed but still generally along my lines.

We have touched my green dotted line ( very nearly 8485 )