BTC/USD - hourly chart shows further decline

BTC/USD - hourly chart shows further decline
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
CryptoComes

Our earlier Bitcoin price prediction remains relevant as the price is still above the crucial $8,000 mark.
On the 1H chart, there was a fixation below the mirror level, which quite often served as a price rebound point. Prior to consolidation above this mirror level, the priority remains on the downward movement. Most likely, the local decline will continue within the lateral downward channel , after which one can expect a price increase.