BTC BTC is currently sitting at one of the most important levels of the entire cycle. On the one hand, price continues to trade inside the 2021 ATH support region, which has historically acted as a major area of demand. On the other hand, we're now threatening to lose a trendline that has connected every major cycle low since 2018. If BTC confirms a monthly close below this trendline, I believe a sweep of the low around $49k becomes increasingly likely. However, there are still more than three weeks left until the monthly candle closes, leaving plenty of time for price to bounce from this support zone and reclaim the trendline.(Max Trades)