Bearish sentiment continues to dominate even though the candlesticks remain below the Ichimoku Cloud, indicating potential further declines.
The Ichimoku Cloud is a comprehensive technical analysis indicator that defines support and resistance levels, identifies trend direction, and gauges momentum. This indicator's signals suggest that a decline to $2.39 would effectively erase most of the gains the market observed on May 20, underscoring the current bearish outlook.
Could we see 65K $BTC in the next few days?
