Prediction of Bitcoin's downward trend in the next few days
Bitcoin has been in a downward spiral trend for the past few days. At present, we can see a potential downward spiral channel trend on the daily line, but it may also walk into a falling wedge structure. In the figure, I have made two possible paths. The support is 9800 US dollars and 9000 US dollars. The pressure above is the 11,600-12,000 USD area. The captain believes that there will be no bull market before breaking through the $12,500. I will continue to update if the market changes in the future.
good luck
good luck
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