BTC crashed its way to the lower line of the downtrend. It used the Liquidty of BTC old lows what created the fast bearish impuls
Nothing to worry about yet as it holds the sideways uptrend. Best to look for a bullish reversal as price is oversold and at the bottem of the downtrend and sideways uptrend.
I will look to enter Long BTC on the excess price line and strong demand area. Highest proberbility it will revers bullish .
BTC is now accumulating and creating new liquidty for a next move.
I expect a quick wick to the downside and fill my Long order with a strong impuls up.