pierced its support on the bluetrendline drawn above. it is no longer valid and will send us down to the next confirmed trendline
which is in the 4k-5k range depending on when we reach it. this is the trendline
to watch as it is the trend started before parabolic moves.
it may go up to 6900 and maybe even 7400. this chart is not invalidated until BTC
crosses past 7500 and out of the downwards channel.
Until then, down we go folks.