Flash Crash VERY Possible...

1. The EMA ribbon has flipped from support to resistance. Bitcoin has tested it 4 times (so far) - each time leading to a rejection as shown in the chart.
2. Bitcoins ATH was rejected at the neckline of the Head and HS that sent us into a bear trend back in May of this year
3. Bitcoins daily RSI is still NOT oversold
4. COVID-19 'Omicron' news keeps coming... first case reported in the U.S.

So, to those who aren't considering at least some sort of flash crash to occur, let this be a warning of caution. Me personally, I would invite a scenario in which bitcoin drops to $45-50k because I'm still extremely near-term and long-term bullish.

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