BTCUSD continues to maintain the downtrend

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Dear beloved friends, currently the BTC has not yet ended its downward trend. After breaking important supports today, BTC on the 1-hour chart is showing a sideways movement with a break of the downward trendline at 26,756 USD. Therefore, there is a possibility of a slight recovery in the short term.

However, the downward momentum is still strong on larger timeframes such as the 4-hour and 1-day charts, so the downward trend of BTC will continue quickly with Karina's target set at 26,000 USD.

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Bitcoin (Cryptocurrency)breakoutForexHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalTrend Analysis

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