Bearish Divergence!!! Will it play out?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

ilianstafenov

If this divergence plays out I would not be too surprised if the price gets to 40k and that’s if I’m conservative about it. In my previous post, I show the bearish flag . If the price goes to 40k we may start testing the bearish flag support becoming resistance and then I assume it will indicate even more bearish move which may lead us to a lower 30k. Let me know what do you think, do you agree, can you add something to it, or do you think it’s wrong and we go up from here?

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