Hi,

BTC remains in a bearish trend . 34144.52 is a large area that keeps 32K as a supply zone .

In regard to the negative cloud we see with the indicator; there should be a bearish reversal inside the circle n’, pushing the price down to 21374.74.

The 16K is our bias. It will take time.

.
Khiwe

On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.

Hi,

BTC remains in a bearish trend . 34144.52 is a large area that keeps 32K as a supply zone .

In regard to the negative cloud we see with the indicator; there should be a bearish reversal inside the circle n’, pushing the price down to 21374.74.

The 16K is our bias. It will take time.

.
Khiwe

On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.