Bitcoin should drop below 6300$ Soon : 12H

Bitcoin is still bearish on the Higher time frame and our bearish targets are still on the radar.

ON 12H time frame, we can spot a descending triangle formation - which is a bearish formation in nature.

Expecting the price to break down from this triangle in the next few candles.

Trade Signal:

Entries: 7300-7500$
Exit: 5700-6300$
STOP: 7700$