$IBIT downside levelsiShares Bitcoin Trust ETFBATS:IBITbenjihyamI don't know what everyone is looking at thinking that Bitcoin is bullish here, but it's not. We've formed a double top at $49 and now look set to fall much further. I've marked off key support levels to the downside, but I think the most probable level for us to find support is at $25 or $17, but if things get really bad, we could make it all the way back to the sub $12 levels. Let's see how the short idea plays out.