Bitcoin Accumulates Bearish Divergence Retesting Former SupportBitcoin / TetherCOINBASE:BTCUSDTaibekBear Flag pattern posted earlier has been transformed as the price couldn't break down the pattern This is a simplified clean map of current price dynamics Bitcoin is trying to retest the former support turned resistance now at $81k Watch the RSI sub-chart below, it shows accumulated Bearish Divergence as the indicator doesn't follow the price anymore as it ain't stamp new peak with the price The reversal point could be around as risk/reward favors shorts Current consolidation highlighted with yellow ellipse has the corrective structure not an impulsive pattern, it means that sooner or later the price is to resume its downward move $73,700 level would confirm the breakdown Next area of support that could contain the next drop is located at the bottom of 2024 at $49k