It looks like what is wave 7 of my analysis that BTC price just fell below the bottom ascending line. momentum is not accelerating which can also be confirmed by the divergence we see in the momentum indicators I have chosen. , and DMI all point to feelings.
If the short term support lines continue to break as I've noted this will signal tones and a retrace in prices. I'm sure we've all read every published report both Bull and Bear who are using fractals, Fib, EW and others to predict where the market is going and where the levels are. I think we all know 6k is bottom support with huge buying power. The moving averages of 20, 50 and 200 are going to act as fierce resistance. In fact the 3200 days continues to hold down BTC . The next retracement will likely be a little higher, which should be a positive sign in the market (higher low). Look at levels for for anything that comes into heavy oversold territory likely (6k-6.5k range) should be bought for long term holding. Add these coins to your core portfolio.