New Downtrend for Price of Bitcoin [BTC]?

Bitcoin [BTC] technical analysis on August 06, 2018. Each retest of $6850 support makes it more likely that we break below. After a week of hard losses, it seems like we could be entering a new downtrend.

Full analysis here:
blokt.com/technical-analysis/new-downtrend-for-price-of-bitcoin-btc