After being without insignificant action for quite some time, BTC showed some signs towards a potential downside. The price level faced a negative crossover against EMA-200 after it was unable to maintain sustainability above it.
The price level also went below the 0.236 FIB level and a breakdown below the crucial mark of 26K can be major bearish indicator.
The RSI level is also residing in the oversold region. This may indicate of a bounceback. Overall, the support levels can be placed at 26K and 24K. On the contrary, resistance levels can be placed at 28K and 30K, respectively.