BTC is Descending on the Ascending Path - Not A Trading Advice

Although we are in a 'short time' bearish period, BTC is still on the Bearish path which started in October 2020.
You can see the narrow descending path which should bounce back around 40K-41K and reach upto $77-80K.

Position close might be thought only if it breaks down the '40K' support below.
Trend Analysis

Disclaimer