Very large descending wedge. Watching to see if we rebound here. If 2 candles close below lower wedge line, that gives us confirmation we go lower. Yellow lines are very heavy resistance lines which makes it harder to break upward.
sloppy chart, sorry. as you can see, each time btc has touched the yellow downtrend line it has dumped. either we break up and continue or we drop down to 42-40k