BTC has broken my long term trend line to the downside with the next major support zone around the 35k level. I do believe BTC will continue falling down towards this level before establishing a new level of support and decide where to go from there. This is what I am looking out for next:

1) BTC can push back upwards to retest the high 36k level before rejecting it and continuing downwards towards the next major support zone .

2) BTC breaks below minor support on the 4h around 35,7k and continues pushing down towards the next major support zone .

3) Unlikely event: BTC pushes back upwards and creates a big fake out on my long term trend line . This is very unlikely as the sentiment for BTC is very bearish at the moment. BTC will have to push back up towards the 38k level for a fake out to have occurred.