Technical analysis by thebailey about Symbol BTC on 12/9/2023

Monthly BTC outlook: it did create a CH in the monthly timeframe but didn't hit the OB or BOS line below. There are two scenarios:1. The bearish trend has failed.2. BTC may retest the upper POI before hitting the OB or BOS line below to close the gap.What to do?If there's a reaction in the monthly timeframe OB and there's a bearish sign, short it.