Bitcoin is Still Bearish (12H)Bitcoin / U.S. dollarBITSTAMP:BTCUSDbehdarkBitcoin still looks bearish | it seems to be inside wave C, and this upward move could be aimed at collecting sell orders and liquidating part of the short positions held by retail traders. From the yellow circle, the price could get rejected toward TP1 and TP2. Let’s wait and see what happens. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You