Bitcoin failed to break the resistance line at $ 10500 and responded to declines.
When Bitoicn reached the resistance line, the RSI + Stochastic were at their peak, pointing to Overbought with a serious chance of a trend change and that is indeed what happened.
At the moment we are still within the above correction and it can continue until the average line moves 200 at $ 8853, but before that there is another $ 9400 support line that can bring Bitcoin back on the upswing.
When Bitoicn reached the resistance line, the RSI + Stochastic were at their peak, pointing to Overbought with a serious chance of a trend change and that is indeed what happened.
At the moment we are still within the above correction and it can continue until the average line moves 200 at $ 8853, but before that there is another $ 9400 support line that can bring Bitcoin back on the upswing.