Description and reason are mentioned in the chart.
This explanation has been made by looking at the past and technical analysis.
The probability of a downtrend is stronger.
But the possibility of an uptrend has also been drawn because the fundamentals have already affected the price.
Bitcoin downtrend confirmed.
In the chart, all indicators such as Ichimoku (Komoho Cloud & kejin trend line), MACD, Parabolic, BB , etc... confirm the news of a sharp decline with a certificate, and according to the fund that elon mask injects into the market, public opinion is concerned and accelerates the downward trend of bitcoins.