My artist friends: Long-term trend for Bitcoin ($BTC) looks bearish Daily chart shows an upward flag pattern hitting the top three times Downward structure is forming. Bottom target is around 60,000-52,000 Japan's interest rate hike in December might trigger a rebound Before 97,100, prices are good for short positions First target: 76,200 Second target: 67,600 Third target: 59,200 Fourth target: 52,800 Right now, there's no distinction between bull and bear markets Institutions and capital can provide strong momentum at any time It’s also possible that the first or second target could be the bottom So once the first target is reached, stop-loss should be adjusted to breakeven, and so on. Specific moves will depend on the trend at that time.