Seems like the second bearish leg downwards decided to kick off immediately without hovering around 40k. With regards to the previous published bitcoin chart, we now see how the price of bitcoin fell and it is presently hovering at a weekly demand zone at 35k. I obviously do not expect a long red candle straight down to 28k price zone but a gradual down trend to 28k only if bearish volume keeps on increasing. All eyes on volume and all eyes on the nature of the candlestick formed as well as channels formed. See ya in the next publish and trade safely.