To some people this chart of mine doesn't have any meaning, it's just some lines forming an X. But it actually is a world of meaning, at least to me. On the daily chart of Bitcoin, we are witnessing a midterm downtrend, after the price broke down it's former uptrend. So we're dealing with a strong downtrend now and the question is when we will see Bitcoin rise again? Well first it must not go lower than $40,000 because if it does then there's nothing stopping it from dropping to $30,000. Second it must break above this new downtrend line. Now tell me about your opinion on BTC. Will we witness higher prices in short term ??!