Bitcoin (BTC) Loses Multiple Parabolic Trend Lines as Bears Roar

Bitcoin and the aggregated crypto markets have been facing an extension of the significant downwards pressure that they first incurred last weekend when BTC sharply moved to just over $11,000 before it reeled down to its current price levels.
Now, analysts are noting that Bitcoin has broken through multiple parabolic trend lines that it had formed during the course of its recent bull run, which could signal that significantly further losses are imminent.
Bitcoin Breaks Below $10,000 as Bears Cel