Bitcoin Monthly Time frame analysis

Hello all,

Monthly Time frame still has many room to go down,

• It can go in steeper trend till reach blue trend line,
  
• Going slowly with many pullbacks,
  
• Or side way movement.
  

Level to watch

• 6000+
  
• 5500 - 6000
  
• 4300 - 5000
  
• 2900 - 3800
  

This not a trade setup, it's just an analysis.

Thank you

Comment:

This idea is working like a charm