1. Tenkan - Kijun = cross
2. Both Tenkan & Kijun "have to" run through the 50 to generate a intersection
3. Only then should / can all 3: Tenkan, Kijun & 50 climb in the same way as in the yellow circle, through LEAD 1 through the red cloud.
As long as that does not happen the way down remains open all the more since there is only one important support between 1171.3 & 968.9.
Before mid-October (as I mentioned in the last BTC chart) I would not rely on too much development.
The possibility that the 3 conditions can be met without reaching another low, I do not exclude hereby definitely.
I stay open!
what if the next cycle can be raised logarithmically?
This would free up an incredibly high potential that can not be undone so quickly.
Only a weekly closing price below the red line @ 1061 would destroy that view.
At that point (1061), the Monthly Cloud is still supportive, just in case a close happens below, then you could forget about BTC.
We'll know more in a few months.