$BTC $BTC.X - Bitcoin, Binance 1 Day Chart

The decline continues. Nothing really new to report here. RSI is still dipping, MACD still in decline, and we are riding the lower Bollinger band. Volume has increased, mostly sells and we have dipped below the 38% Fib line I have altered based on the alltime high to where the heavy bull run started months ago. This decline I believe will continue to the next line of support i have just under 8k. We may see this hit within the next 24-48 hours. If it holds, we may see some reversals. If not we can see sub 8k numbers in the coming week. Unless we get some buyers into the market, the decline continues.