BTC is in a very critical point of either breaking upwards and end the market or crash. Currently, BTC is facing a strong resistance (the white line). If it passes it, next target is the red downtrend line. I think we are going to test it soon. For BTC to start a movement, it needs to go and stay above the red line. Otherwise, BTC will go down to the areas highlighted in the blue boxes. and are positive. Keep an eye on the
For a safe trade, wait for BTC to test the red downtrend line.
in 1D BTC is trying o overcome 50 MA. If cleared, it will try to test the red line
Personally, I'm bearish until we go and stay above the red down trending channel.