Bitcoin has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
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The currency has broken a support level in the short term and given a negative signal for the short term trading range.
The currency has broken down through support at points 106000. This predicts a further decline.
In case of positive reactions, there will now be resistance at points 106000. Negative volume balance weakens the currency in the short term.
RSI diverges negatively against the price, which indicates danger of a reaction downwards.
The currency is overall assessed as technically positive for the short term
The currency is overall assessed as technically negative for the medium long term.
The currency is overall assessed as technically neutral for the long term.