Failing to hold the short term support (circled area) leaves Bitcoin in a short term weak position for a technical correction. A close above the dot line (19209 )will show strenght and the trade is invalid (for the moment). A test and fail to close above the level (19209) will accelerate the down movement. But for now price is holding in the sellers zone. From current level to target is a 2.7 RR with a mid term support for potential profit taking