New lows in BTC are imminent. The last bullish count I can find will be invalid below 6400$. This invalidation could happen in the next hours or minutes, because BTC is already down to 6600$.
Here is the bullcount:
Update: It is not invalid 6400$ but 5920$, because there is a way to count wave e as a 5-3-5 which I did not see at first glance.
But here is the more likely bearcount with 3 possible support zones to end the downtrend:
Those support zones are 5400$, 4850$ and 3550$. So the buy zone is between 5400$ and 3550$ BTC.
Keep in mind that BTC is very close to producing a death cross, which happens when the 50 dma crosses the 200 dma from above:
In this picture I projected the breakout from this channel to the downside. (for symmetrical reasons)
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