The analyst further pointed to the first week of May as when the Bitcoin top could form. Commenting on the current price action, he noted that BTC has only swept the highs and has formed equal lows on the lower timeframe, which is very likely to get swept. His accompanying chart showed that BTC could drop as low as $56,000 on the next move lower. Meanwhile, Kaz revealed that he will be adding to his short if BTC sweeps the $80,000 range.
BTC No Longer In A Bear Flag
