Hello friends.
1. Bitcoin is trapped between the 50 and 100-day moving averages and has now been prevented by MA50 support from falling.
2. The MA50 tangent is currently moving and if the pressure from the sale continues, it will break down and, according to the chart below, will decline to the first strong and strong support 7230, which corresponds to 38.2% Fib. The next key support is 5662.
Thanks for your attention.