Technical analysis by MdAtikurRahman about Symbol BTC: Sell recommendation (12/20/2024)

Bitcoin continues to face bearish pressure after being rejected at the resistance zone between $107,000. While occasional reversals may occur, the overall trend suggests further downside potential.The last strong support area lies between $80,000 and $71,000, which could act as a critical zone for buyers to regain control. Traders should closely monitor this range for potential bounce opportunities or further breakdowns.