"IT'S NOT WHAT IT LOOKS LIKE!!" - CryptoManiac101

BTC / USD TA

Does this TA make short term Bitcoin movements bearish? YES

Can Bitcoin recover in short term and move into bullish territory? YES, if we close above $8,000 in very short term.

Overall pattern is bearish as we have clear Head N Shoulders pattern here. Overall targets are outlined on the chart above, longer term view is still highly bullish.