first bearish phase started to appear and testing back the purple line . if it hold target is the support Area below . if fail T we may see another rush to upper purple line T but the possibility is too low . still we have to consider it .
in the falling market of crypto currency we will see a fast fall and price water fall . if you are new to crypto trader don't buy at this area if you have bitcoin . i think it is time to throw the towel .
long term bearish target will be around 8000 to 15000