Could it be bad news for Bitcoin? ⬇️

Could it be bad news for Bitcoin? ⬇️

BTCUSDT

When examining the daily chart of BTCUSDT, it is observed that price movements are continuing below the trend line. Unless the cryptocurrency’s price surpasses the level of 29751, there is potential for a downward movement towards the level of 25080, breaking below the level of 28463 and possibly retracing further to the level of 22398.

ETHUSD

When analyzing the daily chart of ETHUSD, it is observed that price movements are continuing below the trend line. Unless the cryptocurrency’s price surpasses the level of 1877, there is potential for a downward movement towards the level of 1625, breaking below the level of 1770 and possibly retracing further to the level of 1448.

REEFUSDT

When examining the daily chart of REEFUSDT, it is observed that price movements are continuing within a downward-sloping wedge pattern. Unless the cryptocurrency’s price surpasses the level of 0.001693, there is potential for a downward movement towards the level of 0.001120, breaking below the level of 0.001412, and possibly retracing further to the level of 0.000901.

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