Further Downside For Bitcoin to $52k - $52.5k

Bitcoin will likely see further downside from here as shown.

The 100 EMA might provide some support, but the likely BTC will drop to the rising trendline as shown, and put in a higher low around 52K to $52.5.

More than likely 52K on a wick down, but this will be Bullish for a strong bounce off of this region and off to new ATH in December.

Let me know your thoughts below!