September seems like it will be positive at least, 114k then 115k to prove and if failing that badly then perhaps the negative extrapolation to October would be fair case scenario.
If we break past the 50 day average and make for an improvement such that the 50DMA is turned into positive ascension again inside of this decline then we should be changing our mind. First this time then we'll get some proper directions as to the future near term. Further out I believe BTC will gain more but needs confirmation.
The market is already in a circular manipulation and you don't have to take a long trade if anyone is trading with few bucks. Traders with big funds are the ones entering the market because they have successfully liquidate other traders that could not leave the market when they saw the red sign of a drawdown in price.
Big market providers have started buying gradually although is like the momentum is not yet massive due to the previous loses some had encountered while other are still waiting to verify if this is a good time to go long or to observe the noise if it's will continue a new bullish part.