FX.co ★ #Bitcoin chart analysis

On the 30-minute timeframe for Bitcoin, the following technical picture is observed. The price has broken through the horizontal support line at 67,426 and settled below this level, confirming the sellers' advantage. Currently, the price continues to move south. I expect a decline to the next support level at 65,423. Near this level, a short-term profit-taking and a local rebound are possible, and if there is a breakthrough and consolidation below, further continuation of the downtrend is expected.