BTC is going down, but how far? Maybe just to fill the cme gap at 7670, or to retest the 4H 400ema which will determine the longterm path of BTC, if it bounces then it is bullish but another hurdle is passing the 1D 400ema. pass the 1D 400ema and the new ATH is 8705. Rejection by the 1D 200ema means that the green trendline must be retested and BTC would have formed a new triangle.
