The price of Bitcoin is in a slightly bearish trend. The support level at 25k is a serious barrier for the bears. From above, the border of the descending channel will press the price down. The corner closes in mid-July, so the denouement could be as early as this month.
The fundamental background supports the hypothesis of a downward breakout. We are monitoring the 25k level. In case of a breakout, the channel can go down to 23. If it is broken, the bears are unlikely to be stopped further down, until 21k.
From above, growth is still limited by a sloping trend line of around 27k.
Fundamentally, I'm bearish. The reason is the negative tendency of harsh rhetoric around the case between #SEC & #Binance
NOT A FINANCIAL ADVICE$BTC
