BTCUSD after a strong fall stops at 3400, after which it starts to recover (a buyer appears in the market), but the limit orders placed at the level of 44000-45000 did not allow the price to go higher. Major players have no interest in raising prices at the moment

Locally, relative to the level of 39200, a consolidation is formed,
also the level 39200 is the lower boundary of the ascending channel . After a false breakout, the price does not go up, but returns to a near retest, breaks through the channel and trades in a narrow zone – above the support of 39200 and below the support of the channel

I think if the price starts to form a triangle and smoothly approaches the level, maybe 39200 will be broken
I expect a breakdown of 39200, followed by a fall to 36800, and then to 34000.

Sincerely, R. Linda!