BTC/USD daily chart

after breaking the falling channel and testing the resistance at 51,500$ , bitcoin failed to close above it , in this condition it shows weakness for the bulls and the bears are gaining the control , breaking the support at 46,100$ will lead the prices for more bearish move targeting 33,000$ , the supports at 44,500 $ and 38,500$ are not strong enough to handle this % of correction that started after touching 69,000$.