BTC possible bearish Bat pattern

BTC has been drawing lower highs and lower lows for the past few days suggesting the presence of a bear market. Furthermore, the coin appears to be drawing a large bearish bat pattern. The RSI is also largely overbought.
In my opinion, the coin has just pumped to take out stop-loss from short traders.

I expect a continuation from the downward weekly momentum and suggest we could be close to a local high.

Short between 47k- 48k
Stoploss: 49.2k
Take Profit: 44k, 41k and 38k

거래청산: 스탑 닿음

BTC has went against our ideas and has decided to first pump to the larger time frame resistance before resuming the downtrend.

polock