Bulls did what they could but are in the fatigue stages. Bears are getting their second wind.
Tracking this recent drop of BTCUSD, I see it easily testing $4400 in the next couple of weeks. If the bulls take the standard summer vacation, we could see the bears test an ATL by the end of August.
Luckily, I got out of my position 2 days ago, so unless something changes, I am gonna sit on the bench for a while with regards to BTCUSD.