Analyzing the current trading chart of BTC, I found that there is potential for the another downside cycle and potential test of $26,125 and $22,000.
Watch for selling opportunities on the rallies using the short-term frames like hourly and 4h time frames with the potential downside target at $26,125 and $22,000
Stochastic oscillator got is near the extreme level, which is sign that there might be overbought condition.
Key Levels:
Resistance:$34,000
Support level: $26,125 and $21,965
