BTC stays in a downtrend a little longer

Just an old chart that keeps playing out pretty well.
It is by no means financial advice.

The run up a few days back was a nice fakeout in my opinion.
Now we just resume the downtrend.
Next stop on the way down is 6.3k, i am not buying there as i expect it to go down at least one more step.
That will take us to 4.7k, buying a small stack there as it might flash crash from there.......

It is not about predicting the future, it is about being prepared for multiple scenario's.