🪙 Bitcoin
The market's downward momentum continues. The past 24 hours were not as bad for it as Thursday.
Let's consider the daily timeframe. It remains very important for further events on the chart. Here the price is testing the levels of ~$61,000 and the midline of the pattern "descending price channel".
A "doji" candlestick formation was formed at these support levels. On it, the price is under two supports. This situation tells us about the uncertainty on the chart.
On the one hand, the decline may continue to the lower boundary of the channel at the breakdown of the next support ~$58,350. On the other hand, the price may make a "false breakdown" of supports and recover 📈
