The daily line has three consecutive bearish candles, with Bitcoin continuously testing the lower support. The doji star adjustment is just an interlude, with bears dominating the overall market, maintaining a weak pressure throughout! After a weak rebound on the four-hour chart, there has been a four consecutive bearish candle volume drop, and the current price is weakly running along the lower track. The moving averages are in a bearish arrangement + indicators are weak, with clear signals for further downward exploration!
It is recommended to focus on the target: directly set up short positions around 89000-88200, with an initial target of 86000, and if broken, aim for 83700! Do not hesitate at high positions; shorting is the way to go.
