The price of BTC fell sharply again by around 8% in 24 hours after breaking below the 50-day moving average and retesting to confirm support turned resistance. do you think this will continue further?
Bitcoin remains grossly bearish and if you look at the price with a bullish bias, all you have to do is turn the chart upside down. The price action in the past 3 months clearly suggests a continuation to the downside and all Bitcoin needs now is a trigger for the break of support.