The BTC market is trending downwards. The price makes the lower lows and lower highs. It is a clear indication that the sellers are full control of the price. Thus, the best approach here to follow the trend. The BTC just completed its correction move and it is more likely that we see a new impulsive move now. The price tried few times to break the mini structure and rejected at 8400. Moreover, that area perfectly matches the Fibonacci 50% retracement. I expect the new sellers will step in and push the price down again.
