Bitcoin dumped hard. Can it go lower?

Bitcoin broke all support levels and is currently at 47k. I am expecting to repeat the pattern of may-July before it starts moving up. Whether it will take the same amount of time or not can't be said. But in any scenario I expect bitcoin to pump in waves like you can see from the chart. Again, there's no guarantee that it will test the same resistances as shown because it all depends on the first rejection level. If it gets rejected sooner than 54k, the next wave will be smaller.
Overall this seems to me like another accumulation phase where it ranges for many weeks before a pump up.
The time is for buying the dips.