Bitcoin has tested resistance area and can continue to fall

Hello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how Bitcoin retested support area 27580-27175, rose to the level 31000, from which it bounced, and began a downward movement. Over time, the price formed a downward triangle, in which it traded for a long time. Bitcoin, after a fake breakout of the support area, rose to the resistance line of the triangle, retested it and continued to decline. The price approached the support area and, after a deep correction, broke through it and left the triangle. The price reached a level 25840 from which it bounced and rose to the current resistance area retested it and for a while traded below. Not so long ago, Bitcoin continued to decline after a retest of the resistance area. Currently, the price is trading below the resistance area of 27175-27580 and can continue to fall. I think Bitcoin can continue downward move and reach the support level. In this case, I decided to set the target at level 25840. Please share this idea with your friends and click Boost 🚀