As we can see the 4hr confirmation candle has now closed below the bullflag as well giving us an official confirmation of a bearish breakdown with a projected pricedrop target at the bottom of the dotted red line. That line is currently under the 4hr buy/sell line(50SMA) which means we could potentially fall back under the buy/sell on the 4 hr. I would hope not but considering we also just confirmed a bear flag breakdown on the 1 hour chart that projects the exact same price drop target I think it's a given we will hit that target and potentially see more downside after that. However by the time the price action makes it that far down the buy sell line may have potentially dipped down to that range as well...we could also have a situation where the candle that hits the drop target does so with it's wick but it's body still closes above or on the 50MA...hoping the 4hr 50MA provides the strong support we need to bounce back and I'm putting a limit buy back right above it...but I will also be placing a stop loss just a pip or 2 below the dotted red line incase we see more downside and the 50ma does not maintain support....We would have to dip all the way under the lower 7000s to give the bears back full control based on the lower low lower high principle so I definitely anticipate a big rebound before then considering how close we are to the start of Q2 of the year (which I still anticipate will be bullish). We must too consider the bigger picture unfolding on the 1 day chart....it's important to note that during this recent bull run we never made it above the 1day charts buy/sell line(50MA) not even close...but more alarming is that the 50ma and the 200 ma on the 1day chart seem like they are set to collide with eachother in the next few days but judging by the way each one is sloping it appears the 50MA might cross down below the 200MA on the 1day triggering the dreaded death cross pattern, which will mean the path of least resistance will then be to more downside...the best bet is to set smart stop losses and keep a close eye on the potential 1day chart deathcross as well as whether or not the 4hr charts 50MA will act as the strong support we need it to. If not then this is still a great opportunity to short and accumulate more btc duuring the downtrend. Of course, this is only advice I'm giving myself and nto financial advice for anyone else. Thanks for reading!