there are some supports lost here. btc is moving in a blue channel and broke the middle. it also broke the bearish flag with the purple support line. it also has broken 38500 a major support . it broke the 37500 the long time support and bounced like a dead cat. we also can see a full body red candle on monthly chart closed below 38k. so overall every thing is against btc. tp can go down till 35700