In Bitcoin, the price is moving in a downward channel. The price has entered a downward trend from $ 64,500 and is falling step by step. Accordingly, the price can drop to $ 58,500 in the next downhill step to the bottom of the canal. The $ 59,800 price also has strong support, which could be a problem for the downtrend. Bitcoin has seen tremendous price growth in recent months. Any strong growth can also have a strong decline. So do not forget risk and capital management.