BTCUSD struggled with strong selling pressure from short-selling investors, causing the price to plummet to $65,300 at the beginning of the trading week. This downtrend resumed after key support levels were broken.
According to technical analysis, the downward trend is likely to continue due to the appearance of a triple top pattern on the chart. If this downtrend continues and overcomes the first support level, it is likely that the price will continue to fall to the second support level at around $51,000.
Please share your thoughts about BTCUSD and let's analyze the developments of this market in more depth!
According to technical analysis, the downward trend is likely to continue due to the appearance of a triple top pattern on the chart. If this downtrend continues and overcomes the first support level, it is likely that the price will continue to fall to the second support level at around $51,000.
Please share your thoughts about BTCUSD and let's analyze the developments of this market in more depth!
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