BTC broke down structureOk so the market broke down structure, (that's never a good sign) however its trying really hard
to turn around but its still undecided yet, There are 2 outcomes and it will all depend on what BTC do at 62.8k (63k) If the price line fails to go above 62.8k and hold then that would mean a rejection of the uptrend and a change of character to the downside and a continuation of the Elliot wave 2 towards 3 on a descending channel.
On the bullish side which its what I am expecting going above 63k and holding prices will push BTC towards the 75-85k range