BITCOIN-DAILY: The price tests the support around 18K!

As shown on the daily chart, the price tests the support around 17,962 and if breakdown fails, we expect the retracement will happen on the daily chart and the price will bounce back up to the retracement zone between 23k and 26k. Otherwise, if breakdown happens the downtrend will continue and the price will further drop to the next support around 12k.The main trend on the daily chart is bearish now, and the best places to buy more with caution are around 18k and around 12k. 

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GOOD LUCK