pavlovmax06789

$BTC price - $84,050. After teasing a possible shift to bullish sentiment in the past three days, $BTC price has dropped around 3 percent in the last 24 hours to trade at about $83,875 during the mid-London session. The flagship coin was rejected at a falling logarithmic trend in the daily time frame signaling further bearish sentiment in the near term.

Since March 10, Bitcoin price has been forming a bearish continuation pattern. Moreover, BTC price has already confirmed a macro reversal pattern after rebounding from a neckline of a double-top, which was coupled with a bearish divergence of the Relative Strength Index (RSI).