I think the downtrend will continue until $4.6k (a little less or more) price level. There is still no additional volume at current price levels, which is also a sign of the price target. Moreover, the blue trend lines are getting closer, which mean the price is very close to a point break.
I am not sure whether it will go to the moon or somewhere else but I, at least, think the price needs to find some new buyers at $4.6k level.
I am not sure whether it will go to the moon or somewhere else but I, at least, think the price needs to find some new buyers at $4.6k level.