, A clear descending channel
is building up, (LH and L) (LH and L) telling that sellers are still there in the market but buyers are pulling back with some force and then sellers coming in strong. But the lows remain same, showing a wick on the bottom. 8200 USD is the key area to watch. If buyers again have given up their reign then 8026 USD is the key area to watch as it is a demand area, if the price stays below that giving some pullback then we can do a sell on BTC
. The other way around buying is only when the price breach and hold above 8533 USD.