Bitcoin needs to hold the 21 MA on the dailyHere you can see the last time the price action plummeted to the 21MA on the daily chart. That was the start of a descending triangle pattern. I am watching for the price to hold above the 21 MA, if not then some further downside is on the cards. Structure needs to hold the recent lows of £34-35k or we could see a drop to major support / previous resistance / price floor (according to WIlly Woo on-chain analysis) at around £30k.