HelenP. I BTC may drop to support of wedge

Hi folks today I'm prepared for you BITCOIN analytics. After an unsuccessful attempt to fixed above the resistance zone, Bitcoin began a local downtrend. The price reached support at level 29235 and made a deep upward correction. Bitcoin continued to move down, broke through support 29235 and continues to fall. Over time, the price has formed a descending wedge, inside which it is now traded. The price after breaking level 29235 dropped to the support of the wedge, after which it made a correction and tested the resistance of the wedge. Now the price is trading below the resistance line and may continue to decline. I hope Bitcoin may continue to move in the local downtrend and break through support at the level 27810. Therefore, two goals will be set for Bitcoin at level 27810 and at level 27670, which corresponds the support of wedge. If you like my analytics you may support me with your like/comment ❤️
Chart PatternsTrend Analysis

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