So Bitcoin dropped below the conversion line, and it's likely gonna close below it by the end of the week. It might even go down to 49k, which is normal for Bitcoin after a halving. If you look back at previous halvings, you'll see that it always retests the baseline during the bull run.

I'm a bit scared now because it's a new lower low, and it's not just a normal new low, it's a weekly lower low. Weekly is powerful. 

Our final support level is 49k, which is critical for the continuation of the bull market.