BITCOIN had a bearish break and now it is clearly trending lower. The next natural, magnetic level is $ 30,000. It is a FIBO level and long term support, it should be an ATTRACTION ZONE.
This is a HIGH VOLATILITY asset. If LONG, It would be advisable to LIGHTEN UP at $ 42,000 – $43,000 level, expecting it to test lower.
As per the HOURLY CHART it will remain in a BEARISH trend unless it breaks through $47,200 (wave 4/crossing wave1).