BTCUSD went as expected. Price dropped from 80000 today, down close to 77000. I'm watching out for retracements back to 79,000 for continuations down to 75,000.
BTCUSD- On the D1, price has created a daily bearish engulf candlestick pattern. This is a renowned trend reversal pattern that shows buyers have been completely overpowered when it shows up especially at key reaction levels. I'm expecting the sells to continue heavily next week.