Bitcoin's price has been showing bearish behavior after being rejected from the $30K resistance level and losing key support. However, there are still important support zones for the price to rely on, such as the $25K and $22K levels. A break below these levels would be disastrous for buyers seeking an upward trend.
On the other hand, a break above the 50-day moving average could sabotage the bearish scenario and push the price past the $30K level. The Taker Buy Sell Ratio metric shows that the bears are currently dominant, which could push the price lower if things remain the same.
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