It looks like we're on a long-term downtrend on the weekly timeframe. BTC has been closing on lower highs every week since it's ATHs.
Some support areas to watch/trade as it tests this trendline are:
Zone#1: $43-44K
Zone #2: $39-40K
Zone #3: $30-32K
Zone #4: $19-20K
Some support areas to watch/trade as it tests this trendline are:
Zone#1: $43-44K
Zone #2: $39-40K
Zone #3: $30-32K
Zone #4: $19-20K