I want to make it clear that TA is all about probability, so that’s why my strategy combines multiple indicators. This chart is based off of The Elliott wave theory, Fibbonacci, MacD , EMA’s, Momentum, RSI , and chart patterns. Most traders aren’t looking at this bear flag correctly. They’re looking at the pole as one giant selloff rather than looking at it as waves. Wave B-C is the true bear flag pole. That pole is calling for 35% retracement. Coincidently, that target aligns with a fib level and the 200 EMA . Momentum, RSI , and the MacD are also turning to the downside. May will be a make or break month for BTC .