BITCOIN IN A DOWNTREND

With the new creation of a Lower High (LH) and Lower Low (LL) on the H4 chart, the bearish expectation remains intact. Now we must wait for a rejection of the current zone to continue that movement. It is crucial that the daily candle closes below $65,900; after that, we need to watch the $65,200 area, where there is strong support that must be broken decisively to continue to the target of $63,850.
Chart PatternsTrend Analysis

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