Still in a bear market? Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMadmantradesI’m sorry for not having posted in a while. My current trading strategy is almost too intense in order for me to live trade about it. But I’m anyways in a trade right now with a 200x leverage short trade from 77155 which could still get you a great entry🐻📉🍿. Despite that btc has increased about 40% in price from July to the recently formed top. We are still in a macro downtrend. It’s easy to FOMO in on a move like that but looking at the pure technicals we still have to break the previously formed top which is breaking about 83k. This is not likely to happen since the price currently is making lower highs and lower lows in a downwards sloping trend. A break of 76175 could bring price down more drastically perhaps giving us the long waited waterfall! 📉🍀⏰ We also have a descending triangle formation in play which could quickly get us down to the 70k target Looking at the bigger picture we could easily be looking to make another lower low on the macro downtrend. If we first see 70k we would be most probable to make another lower low on the macro which could bring us all the way down to the 50k zone. Now a break of this zone again would be really interesting, I’m not going to discuss it unless it actually happens. All of the pros has their eye on the 50k macro support zone. Going back to my trade, I entered short @77155 200x leverage, have analyzed both on macro and micro levels, even down all the way down till the very minute. I’m currently in a drawdown but with a stop loss @77275 I would say it’s a great entry for you guys! We are currently looking to make lower highs and lower lows! Looking at both RSI and MACD I would say that we are in bearish territory. This gives my analysis more strength as a whole I’m keeping TP at 50k just in case we make an insane and explosive waterfall move straight to the downside. Anyways I think that I am most probable of going out before that. Preferably in a ROI above 100% profits. Good luck guys! Thanks for boosting and commenting this post 🥂