Bitcoin has closed a red 2 on the daily chart. Which is a clear sell signal according Tom Demark count. Stoch RSI turned bearish. There is selling pressure and it failed to break 9800 area. And it has broken the ascending channel to the downside.
If 8900 breaks we can expect 8200 and 7000 respectively.
If 8900 breaks we can expect 8200 and 7000 respectively.