At least BTC is now moving although some may not like the direction in which it decided to go. Looking at the weekly timeframe it is clear that the next major support zone for BTC to retest will be around the 20k level. Although we have minor support zones around the 22k level on the daily timeframe I do believe this recent fall in price is a strong indication that BTC is bearish.
Chart PatternsTechnical IndicatorspriceactionsupportandresistancezonesTechnical AnalysisTrend Analysis

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