So Bitcoin a few weeks ago dropped over 50% from the current all time high of 65k.
The market has been awash with mania and hype and doesn't seem to want to admit we've seen a blow off top.
In pervious market cycles once the blow off top has come in, we normally see drops of at least 75%.
Perhaps we are doing a similar thing to the last hype cycle in 2017/18 and we'll now chop sideways between the upper 20ks and upper 30ks... If this support breaks it seems likely judging by the last cycles we'll drop another 50%+ and find our weekly long term support around 9k-14k.
I'm slowly shorting between the range of 37k-39.4k. If 39.4k breaks the price may push higher to the low 40k's or mid 40k's.