BTCUSD (BITCOIN) ANALYSIS

 Good evening traders, I hope you're all doing well and promoting peace and unity even after the release of the results of our presidential elections. Let's all remember that united we stand and divided we fall. Into the markets today, I've sought refuge into the cryptocurrency markets after missing a solid opportunity for the EURJPY shorts that I had eyed since last week. However, BTCUSD price rallied to a key supply level on H4 and daily chart at 24987.67 & 24558.31 which is the origin of the 1st drop to the H1 & H4 low at 22500.00. 
Price has filled the 1st range from supply to demand and back to supply. Price rallied into supply, formed strong rejection wicks on H1 & H4, candle close inside supply followed by a strong drop away from supply by a large H4 bearish engulfing candle confirming the bearish sentiment.
Took sell entries during late NYSE at 24183.90 with SL at 24485.58 and set pending sell limit orders at 24558.30 with SL at 24780.56. Setup taken is a rally base drop, a reversal setup and my target is at the next H1 & H4 low at 22500.00.

Price rallied to 24420.00 in a series of bullish candles on H1 then reversed in one large bearish engulfing candle that engulfed more than 4 of the bullish candles back to the H1 & H4 low at 23683.67 showing heavy bearish momentum. On H4, price left a strong rejection wick followed by a drop in price, breaking the H1 low at 23683.67 and forming a lower low at 23310.14 and still showing more bearish potential. I anticipate a continuation of the drop to my previously called targets on H1 & H4 at 22500.00.