Things are getting weak and weak on the long-term chart. I got that damn feeling this will become the longest winter has known on our crypto world. + My Short from 47k was good with profit. + My Layered Long has been filled only at 39880 and 40330. Right now, I'm in profit already. But this long is just a bounce in our deep shit coming this year. D1 looks good...
It's Judgement Day coming in this week. There's the only way we can go in this situation. The volume will come because a lot of trap has been triggered up the hill. The only place I will pick some Long will be 37k ~ 39k$. Welcome to the longest Winter in Our World.
Using normal Price Action, Trendline, Resistance and Support to mark my idea. In next 6 day from 08/01 >> 08/05 or even longer 08/08, BTC will continue fall to the cross and support zone: 7450 ~ 7500. May be it will creat a new upside pin bar with lowest price is 7230, sitting there for few days, waiting new fund will come in town. And we will see another bull run...