Bitcoin Super slow DownTrend

Big Picture

Strictly Technically speaking Bitcoin looks very weak

While Bitcoin will try to stage a bounce, any attempt to break & close above the Trendline will most likely fail in June

Bears will target downside Zones:

40% Probability to hold 5400 as a Strong Support
80% Probability to hold 4500 +/- 10% as Very Strong Support

We recommend BUY Bitcoin around 5400 with add more on dips below 5000 for a swing Trade with Target as 50 Week Moving Average which is around 7900 & moving up every week