Bitcoin is in the trend reversal zone. A new downward channel is being formed, which clearly observes its boundaries. After testing the local support at 42120, the price makes a local false breakout and does not roll back

Since the trend is down, the formation of descending peaks can suggest pressure on the market.
I suppose if the price returns to the breakdown of the level of 42120, we can see a fall to a strong support of 40600

Sincerely, R. Linda!