Bitcoin, after reaching its local peak, has already managed to make a correction. Which is quite logical after such volatility. But we see that in global terms we still have a growing trend that has formed an upward channel. And from the technical side, Bitcoin works flawlessly, touching the trend level makes a reversal and goes to the opposite level. The night before last, there was a strong fall, where for an hour this cryptocurrency made a drawdown of about $1,000. Now the price is accumulating and the lower seven-fold flag has formed. In this scenario, Bitcoin can both continue to fall and go to the level of $20,500, or go for a reversal and head to $27,000
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