Bitcoin (BTC) Price Watch: More Bears Waiting to Join In?

Bitcoin Price Key HighlightsBitcoin price recently made a sharp tumble, breaking below an ascending trend line connecting the lows since mid-August.
Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with the broken support.
Technical indicators are suggesting a potential pickup in bullish momentum.Bitcoin price could be ready to make a pullback from its recent slide, and the Fib tool shows potential resistance levels.
Technical Indicators Sign