BTC Longer Term Trade Ideas

BTC is at an interesting spot at the moment and it is important to zoom out. On the smaller time frames, BTC has been in a downtrend for several weeks, but the longer term uptrend will be more important. If BTC does break below 59K, there's a major trendline below it may bounce at around 53k depending on when it hits. That could be a good long opportunity, I also have demand from about 48K-52k. If BTC can't hold above that, the next target is the trendline below. Things get really ugly if that gives.
Chart PatternsTrend Analysis

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The ideas I post do not always represent my positions and they are intended for educational purposes.
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