Decreasing the strength of the bitcoin rising trend

Bitcoin / TetherUS (BINANCE:BTCUSDT)

Updated

BINANCE:BTCUSDT Bitcoin / TetherUS

Due to the trend lines and curves, we see a decrease in the increase trend. I think we have reached a turning point now. That is, at best, the price will fall. But if the trend line is broken down, we will expect much lower prices

Comment:

Also keep in mind that the 20-day moving average is easily broken and did not show resistance, and after that we even crossed the 50-day moving average, which can be a sign of a fall. The last time the price was below the 50-day moving average, the price of Bitcoin was around 18,000.

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