As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.

My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
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TP1 is reached!
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TP2 is reached!
Bitcoin (Cryptocurrency)breakoutBTCChart PatternsfibonnacciTechnical IndicatorsLONGshorttrendTrend Analysis
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