BTCUSD ❕ broke the upward structure

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Solldy

Bitcoin continues to move in the descending channel .
The last momentum broke the upward structure.
Most of the previous weekend was accompanied by bitcoin falling.
The fall slowed down -> correction or distribution zone.
There were few liquidations over the last impulse and no drawdowns were redeemed.
The DXY index and rate hike are against the upside for now.
I expect bitcoin to continue falling after correction and fixation under resistance level .

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