#TradingAnalysis101 In recent weeks, we have seen BTC gradually declining from the 90,000 USDT range to below 80,000 USDT.

Although there have been some rebounds, they have all been strongly sold off upon hitting resistance.

If BTC cannot hold the 80,000 - 78,000 USDT range, I lean towards the possibility that BTC will decline further in the medium term.

⏩ Conclusion: BTC is still in a downtrend and has not shown any clear reversal signals. If it loses 80,000 USDT, BTC could drop to 76,500 - 72,000 USDT in the near future!