Bitcoin - continuation of the decline while below 69,500.
The price is trading below the 20th and 50th MA, MACD is positive.
The instrument is in a descending local trend, in correlated instruments (S&P, GOLD) risk off, likely continuing the decline downwards and reaching marks of 66,600.
An alternative scenario of breaking the zone of 69,500 could send the price to 71,000.
BTCUSDT
Perp
67,599.5
-0.65%