We can see that there is a bearish channel pattern in bitcoin and this is Bitcoin's current position, which is already in a bearish phase. Before there is a breakout of the resistance, the current Bearish will continue to occur.
If you want to invest or trade, it's better to be careful because the potential price towards the $40k level is still possible.
and this happens when November made another ATH so many had sold their coin and continues to happen till december.
with all of those the price value drops bad until now this end of 1st quarter in the following year.