Bitcoin Analysis (BTC/USD)

MONDAY
9-JAN

Price continues its drop towards the support around $7,500.
It seems unlikely to reverse before that and the upside LQ is too far away - above LW high.

There is also a void further down and this is another reason for a drop towards $7,500.

On LTF, shorts could be considered after the equal highs from this morning are broken and some buyers get trapped.