Bitcoin completed a volume-price reversal after this morning's sell-off, triggering a key support level with a pullback and a shift in bullish and bearish momentum. Since then, the market has been oscillating again. Currently, the price is approaching the $67,000 level with trading volume remaining low. On the hourly chart, the trend is still downward. Although there was a rebound this morning, it just touched the descending trendline. If the price cannot break through the downward resistance channel and return above $67,500 within the day, this rebound can be seen as further confirmation of the downward flag pattern.

Reference: Short @66,700, stop-loss 1,200 points, target 645,000 #BTC #ETH

BTC1.03%

ETH2.04%

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