BTC rejecting major support!!! Must view!!

Btc is rejecting a major supply and demand zone. We expected price to come back to mitigate the gap slip at $40k, This is weak price action. Our last demand zone to hold is at $37k. If this does not hold we will go to $30k. We will wait to see how price action rejects at $30k level.We need a reversal pattern or nice accumulation pattern. We have been in a weekly change of trend to the down side since the 18th of November making clear lower lows and lower highs. I expect PA to mitigate The point of release from the 20th of July. Crypto will be fine long term however short term , we could $30k get hit as this does not look like a reversal just yet. We need to see how the weekly finishes in a couple days. If this week finishes bearish, I am pretty confident we will see more downside next week. The monthly closure will be vital to how we will set up for next months PA. Invest safely and learn how to read PA. Our team has been taking profits all the way down. Especially on ALTS. Learn the basics of how to read trends and you can protect your capital.

Comment:

If Btc can get above $52k the bulls have gained control. I would prefer if we had some sort of accumulation pattern at current lows and change trend at the lows to push higher.Time will tell! Invest safely!