Is The Bottom In?

This is an update to a post I published yesterday where we anticipated a dump. You can say that I was right about predicting a price decline, but we smashed through my targets pretty fast and I didn't think it would escalate that quickly.

Yesterday's post can be found here:
https://steemit.com/bitcoin/@benkalashnikov/6aazer-bitcoin-short-term-view-bearish

Short Term View: NEUTRAL

• Bullish divergence on RSI vs price.
• RSI is gaining strength again which is key to reverse this extremely bearish trend.
• Too early to be bullish. Need to break through the EMA:s frst.

Mid Term View: BEARISH

• I'm gonna say that it looks bearish until it's proven other wise
• Price needs to get back into the triangle to reverse this bear trend
• If price gets rejected on the bottom line of the triangle then a massive dump will probably occur.
• Positive thing is that we haven't broken $6,500 area yet.

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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.