BTC /USD Weekly neutral with a bearish bias. Critical Support watch. Recommended ratio: 40% BTC , 60% cash. Price is currently testing the uptrend line from March 2020 ($30.5k), which is also the lower trendline of the Symmetrical Triangle from March 2021, as support after briefly testing $28931 support. Volume was the highest it has been since May 2021 of last year in last week’s session and is currently on track to favor sellers for eight consecutive weeks (this would 2x the previous record streak of selling – 4) if it closes this week’s session in the red. Parabolic SAR flips bullish at $56k, this margin is bullish . RSI is currently trending downs slightly at 34, the next support is the ATL at 29.63. Stochastic remains bearish and is currently beginning to form a trough at max bottom; it would need to break above 8.27 to crossover bullish . MACD remains bearish and is currently forming a new ATL at -3395.48 (old ATL at -2832) with minimal signs of trough formation. ADX is currently trending up slightly at 21 as Price is still seeing a lot of selling pressure, this is mildly bearish . If Price is able to defend this critical support here at $30.5k then the next likely target is a test of $36307 resistance which would likely coincide with the upper trendline of the Symmetrical Triangle from March 2021 ($37.5k). However, if Price breaks down here it will likely retest $28931 support before potentially falling lower to test the 200 MA at ~$22k (which would likely coincide with $19806 support). Mental Stop Loss: (one close above) $32k.