BTCUSD short view

The price of bitcoin has been moving sideways for the sixth day. We can see that the volume has decreased, and bitcoin today ranges between 29500-30700 dollars. There is more pressure on the lower support zone, and I would not be surprised if we saw a breakthrough below this support. Should that happen, we seek first support at $ 29,000. With increased bearish pressure, a further drop in prices could occur. Potential support levels are $ 28,000, $ 27,000, $ 26,000. Our May low was at $ 23,900. For the bullish option, we need to break prices above $ 31,500. After that, we can expect a further recovery of bitcoin. Our potential bullish targets are $ 32,000, $ 32,600, $ 33,620, $ 35,000.