Bitcoin Price Prints Bearish Technical Pattern, Why It Could Continue Lower
Bitcoin price declined heavily and traded below $17,000. BTC is consolidating losses and remains at a risk of more losses below the $16,500 support.
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### Instruction: Bitcoin Price Prints Bearish Technical Pattern, Why It Could Continue Lower

### Response: Bitcoin price declined heavily and traded below $17,000. BTC is consolidating losses and remains at a risk of more losses below the $16,500 support.