Bitcoin has bounced off 34 WMA @10875 and it looks like it may chop around trying to build a floor at this level. However, if it closes below downside trigger line @$10722 it will continue to 89WMA (brown) testing psychologically important $10 000 level.
https://www.mql5.com/en/charts/7993757/btcusd-h4-simplefx-ltd