BTC - What Does a Bearish Scenario Look Like?

Looking at the selloff just now, probably heavily linked to macro - PMI came in hot today. This now opens up a greater possibility of dropping further, and realize the bearish divergence on (daily) momentum to play out.

That said .. if you zoom out on the weekly.. 85k to 80k show a confluence of support if we do get a bearish breakdown here. Not a huge drop but I'm sure alts will bleed more against BTC in that case, and the timeline sentiment will sour