Bitcoin taking the elevator or stairs down?

Which method Bitcoin decides to take it is pretty clear that price is heading down to at least the $7700 region.
Hedging your core BTC position here is a bit dicey since catching a bottom would be tough but here's the trade.

Entry - $8860
Stop - $9345
TP - $7700


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Please follow a proper risk management program when trading.

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