Bitcoin fails to break above $17,000 again

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Bitcoin continues to stay in a local sideways trend and cannot break above $17,000

If you pay attention to the local countertrend line, then the asset was able to break through it, I expect to see a test from the reverse side.

Today we again received a deviation from $16,800 and continue to trade at $16,500-16,650

There is a possibility that we will get another decline to the $16,300-15,800 zone, this range is also a good entry point for a local long position.

Also, tomorrow will be Black Friday, so there is a chance to see a decline in the range indicated above.