If we drop back below the 21 EMA there is a good chance that the April-June runup was a bear market rally. Bitcoin continues to look weak but must hold the 21 EMA to keep the bull market on track. Just look back to 2014-2015 and the 2018-2019 bottoms to see that we only dip under in a bear market. It's make or break for bitcoin but hopefully we transition into a bull market right about now.