Bitcoin (BTCUSDT) is in a strong downtrend on the 3-hour chart, after failing to overcome the $64,000 resistance and the $64,500 high.
With the current situation, the sellers are in control of the market, and the possibility of a further decline to $57,505 USDT is very high if BTC fails to overcome the 34 and 89 EMAs.
What do you think about this view?