69.40-70K IS THE BTC TARGET

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69.40-70K IS THE BTC TARGETBitcoin / US DollarCOINBASE:BTCUSDSive-MortenMorning folks, So, bearish plan is working. BTC was able to show very weak reaction on the first minor downside extension and now is forming some rounding structure. Today we do not see even no clear patterns. Downside action shows acceleration while the pullback action in the opposite - stands too choppy and heavy. This makes us think that bearish context remains intact and market is aiming on the major 69.40-70K AB=CD target