Below is a link and snap of my previous post detailing why Bitcoin is likely to face a fall towards $7900. Today Bitcoin broke below $8000 and is currently hovering around $7900.
What is next?
From here I assume that price will bounce back towards $9000 by first week of June and if indicators tells a good story we are likely to see Bitcoin at $11000 by end of next month. This will mark a touch towards resistance of the tight trend line as clearly can be seen in picture.
Congratulations for opening a short and making some profits ;)
https://steemit.com/crypto/@shafay/bitcoin-keeping-tight-in-the-trend-line