Bitcoin daily chart showing several bear signals

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This chart shows several bearish signals on the BTC daily chart, and is meant to provide insight into possible (but not guaranteed) future price movements.

- It shows a rising wedge pattern, traditionally indicating a likelihood of a continuation of the previous trend (in this case: a downtrend).

- It shows a decrease in volume.

- It shows a bearish divergence on the RSI.

- It shows a bearish cross on the MACD.

Traditionally, these are all indicators of a bearish future trend, which can be used to speculate future price movements.

I hope my analysis was helpful.

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