BITCOIN - Price can continue to decline in a channel to $37500

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Some days ago price entered to rising channel, where it first declined to $40500 support level, which is located in support area.

BTC some time traded near this area, after which it bounced and continued to rise to $45500 resistance level.

A short time later price broke this level, which coincided with resistance area, and rose to $48900 points.

Also, BTC exited from rising channel, and soon it made downward impulse below $45500 level, breaking it again.

After this, price started to decline in falling channel, where BTC recently broke $40500 level and fell to support line.

But soon price rose to resistance area and now I think Bitcoin can rise to resistance line and then fall to $37500

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