$BTC Bitcoin after reaching its historical ceiling of 73800 dollars. It started to decline and reached the support level of $57,500-$56,200 and then grow by more than 15%.

The price is still in the downward channel and no break out has occurred yet.

If the price can break out of the descending channel, it can reach the resistance level of $74,000 again. If the channel is not broken, the price will fall again to the support level