My personal view on the future trend of Bitcoin..

According to the Elliott waves, Bitcoin is currently correcting the ABC waves, the last wave is not completed yet, and based on the Fibonacci levels, the C wave can bring 22,250 corrections.

On the one hand, in the weekly time frame RSI is below the positive zone for several weeks in a row, and on the other hand, the price conflict with the 200 mover and the return of the price with each collision with it shows that the level of around 27,850 can be a strong resistance.

Of course, this is only my opinion and thoughts, I just shared my thoughts out loud with you, it may be wrong.