If bitcoin loses this support level it's going a lot lower

Bitcoin is currently sitting on a very important support level.

If it loses this area, it's likely headed a lot lower:

(Source: https://twitter.com/rovercrc/status/1517471528148824064/photo/1)

Bitcoin initially broke out of the consolidation range but has since pulled back within it.

Unfortunately that very well could be a bull trap if this current support level doesn't hold.