BTCUSD ! The bears are putting pressure on the price

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

RLinda

BTCUSD is in a global downtrend. Hard local downward channel , the price is also trading in a sideways range between 40600 and 37000, after a false breakout of resistance, the price has not tested the zone of strong liquidity of 37000, which, as I assume, the price is going to.

I am assuming a downtrend after price testing the 38665 resistance. The key level that is the target is the support of 37000.

Sincerely, R. Linda!

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