$BTC : Heading towards $40,000 [Reason #21]

Since March, Bitcoin has failed to establish a fifth higher low on the weekly chart, which could signal difficulties in maintaining its uptrend.

On previous occasions, by forming between two and four higher lows, it has experienced average declines of 24.5%.

Currently, with the fourth higher low, the price may drop towards $50,000 to finally seek the big target 📉