divergence is clearly visible on the and is in the process of forming on the weekly chart.
has been declining.
5 and 10 EMAs are about to cross down.
The strongest support on the is below $42,000
If the price continues to retrace we should expect it to fall to the next key , being $38,500 - $41,500.
Do I know what’s going to happen – No.
Is a further drop possible – Sure is.
Should you be prepared for it if it happens – Absolutely.