Last week there was a bear trend towards the bottom of $ 10800 in the bitcoin price. The price began to drop downward and fell below the $ 10,500 resistance. There was a break below the 23,6% withdrawal level of the 11650 dollar output wave from 8250 US Dollar. Moreover, on the 4-hour chart, we saw that the $ 10350 resistance of the main bull trend was also broken.

The pair showed a tendency toward support of $ 9,400 and fell below the 100 simple moving average. Most importantly, the 5050 Fibonacci retracement of 8250 -11650 up trend was also broken. This opened a door under $ 10,000 for more losses. Below is the $ 9350 support, which prevents the price from going down further. Looking at whether the price goes below $ 9,350, it seems that there is a stroke below $ 9,000. A moderate resistance 76.6% Fib. attention is drawn to the withdrawal.