Morning folks,

BTC has shown a bit curious action in recent few days. The upward bounce that has become the surprise for us – has been reversed fast and price returns back to its own. The result of this action is bearish reversal session on daily chart .
1H chart shows very choppy bounce that cares no signs of thrust. It means that this is not the reversal. Now market stands at solid intraday resistance area . We suggest that downside continuation in current circumstances looks more probable and we still could keep an eye on 37K trend line support on daily chart .

Bullish scenarios could return back on the table as soon as market forms some clear reversal pattern.