The long-term status of Bitcoin is not very interesting to me.
Considering all the conditions for an ideal climb, we need to break the range of 47k$ and above.
Examining the volume and saturation points, I expect the bitcoin to fall to at least 41k$.
Our weekly support is a dynamic support Which has reacted well so far.
In general, if Bitcoin can not be supported in the range above 41k$, I expect a further decline.
Also from a technical point of view we see a descending flag pattern .
The zigzag movement can be down to 41 confirmations on the flag pattern .
By examining all these conditions and the volume of transactions stored in the market, it is also technically approved.