I posted my thoughts on $BTC on someone's post on may 1st. I specifically said that if price is kept below 96,150 USD by the end of the week... I am going to be short on BTC.

I'm thinking that if we manage to break the 88,000 USD - 87,000 USD barrier there might even be chance of price coming down to 72,000 USD or even 65,000 USD.

We close this week below the level mentioned so right now the probability is that if we hold this level Bitcoin will have higher chance of being bearish for the upcoming weeks.

This is in bearish scenario but in a bullish scenario if we break over 96.150 USD on the weekly timeframe we might have chance to test highs again around 106,000 USD. #btc70k