This is actually a possible short, but I've put it as neutral because BTC does need to break downwards through a strong area of support. If we look at the daily chart, BTC failed to close its daily candle on the 29th above its descending resistance line and is now still back below it indicating sellers took control. As we can see, Bitcoin is in a Descending Triangle, the base of the Descending Triangle is around the same level as its 50EMA and the Ichimoku Cloud Base Line (Kijun Sen). If BTC breaks this support then it'll drop to around its 100EMA level. A worse case scenario is if the 50EMA, Base Line (Kijun Sen) fails to hold, and if the 100EMA fails then we will have to see if the Leading Span A (Senkou Span A) and the Leading Span B (Senkou Span B) support levels hold. If all those fail & if you follow the Ichimoku Cloud system, then BTC will officially be in bearish Market once it's closes within the Bearish Zone. If that happens then hoepfully it can find support at its 200EMA. It also looks like the +DI (Green Line) is about to cross back under the -DI (Red Line) on the daily chart indicating a downtrend, but it will be a downtrend of weak strength because the ADX (Yellow Line) is at 15. The RSI has also started to point downwards on the daily. A Descending Triangle is bearish about 69% of the time. Again, this is all depending on if BTC breaks downwards and closes below its 50EMA and Base Line (Kijun Sen). I hope this is helpful.