Bitcoin Price Fall Continues After Reaching Pivot Point

As we see in the daily chart, the bitcoin price has reached and respected the previously traced pivot point around 10.546, which functioned as a resistence. At this price level, 3 indecision candlestick patterns were left, before the bitcoin price continue to fall. The bitcoin price now has clear path to reach the next support at 8.782, however, is interesting to point out that the recent price fall comes with low volume, being important for the bears to keep the price below 10k, which might be a turning point for the short-term downward trend.