This downward trendline (purple) if broken seems like it could trigger a rally for BTC. The RSI is crossing on the daily so it could break in the next few days. Trendline crosses a low of around 5500
this two trendline cross on August 1st.. If it doesn't break in that time, I can see a downward trend continuing.
Possible rally for BTC looks like it might be near. If it doesn't break this trendline in the next few days we can wait to August 1st to see what happens and if it breaks out. RSI is crossing and MACD looks like its holding above 0.