Bitcoin Price Action Analysis of BTCUSD pair, 30m

Price broke down the rising wedge, backtested, now are we going back in or back down?

Two scenario's:
1. 50K (yellow)
2. 44K (blue)

I currently favour downside as it completes the trend reversal pattern that is the rising wedge.

Without a doubt this is a rising wedge as price contracts and narrows as it gets higher forming a slope up thus the whole structure has a bearish bias.