Here is latest update on bitcoin technical analysis,
CLose to break that pennant daily chart also looks weak lacking volume bears in control, interesting to see how bears plays next round on break down this pennant.
After exit at 11200-11600 Btc/Usd 2nd Entry stop triggered on 3% down not see any strong bull reversal yet for bounce so sitting out for now less likely expect shorter bounce from 7800-8000, but not sort any new entry in btc so better wait to settle some dust no rush.
Disclaimer
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I hope we don't go back under $6,200. That would be a nightmare. I thought BTC would be going on a bull run by this time. I guess I have to keep hodling.