$BTC possible drop.

$BTC : Continuing with our bearish outlook, we maintain the target of a SHORT trade towards $55,500, and a second SHORT entry towards 48,000 USDT.

This represents a drop of close to 12% from current levels 📉.

Since March, Bitcoin has been trending downwards. We have already seen four bull traps, and we suspect that we are facing the fifth.

After each of these signals, a new low has been generated on the weekly charts 📊.