Bitcoin is teetering on the edge of the life-or-death line. On the weekly chart, after a rebound testing the EMA21, it closed with a bearish engulfing candle. Strong bears, weak bulls. With the trendline already broken, the probability of further decline is higher. On a larger scale, if the drop continues, we might see BTC starting with a 7 or even a 6. -- On the 4H chart, there's a potential bear flag with minor consolidation at the bottom. We'll watch the price action here for further movement. If it follows a weak price action and breaks the stage target of 82K, things could get worse. --- Join the Discord http://(0xTaiBai.com)