It looks like we're on a long-term downtrend on the weekly timeframe. BTC has been closing on lower highs every week since it's ATHs. Some support areas to watch/trade as it tests this trendline are:
Zone#1: $43-44K Zone #2: $39-40K Zone #3: $30-32K Zone #4: $19-20K
Your spouse or significant other is your friend until they are not:) the trend is up long term:) don’t stand in front of a speeding train.
DigitalRevolutionPhase5
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Short it all in 😃
MoneyFishing
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@Digital_Revolution, Very similar to the last cycle, but this time the greed overshot the price. Also lower lows on the volume since Jan 2021, people that bought at the $8-12K has been selling into every opportunity/news. To break this trend, BTC needs to close above 53K (weekly). It's skillfully being executed.