Forecast $BTC : the downward trend may continue
On the daily chart of BTC, the points of the Parabolic Stop and Reverse (SAR) indicator are located above the price, confirming the downward trend. This positioning of the points is observed for the first time since November 6. Bitcoin is currently trading above the support level of $88,630. If the downtrend continues, the coin may break this support and fall to $80,159.
However, if sentiment changes and buyers return to the market, BTC may recover to the historical high of $99,419.
