BITCOIN Seeing Bearish Pressure More Downside coming

Crypto is seeing bear pressure now.
Especially BTCUSD could not cross 62000 USD for the past three consecutive moves .

The trend of smaller zones (yellow connects of first "Down") as per the picture
The trend of Bigger Zones (Yellow connects of Second "down") as per the chart shows that more downfall will be strong than the up moves .

Need to watch the move of the candles for next few candles to see where it will take the market.

Kommentera:

Now it will form a channel and to follow the path of down trend