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BITCOIN (BTCUSD): Bearish Reversal Confirmed?! ₿

Short
Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Parallel Channel Cup And Handle Candlestick Analysis Bitcoin (Cryptocurrency) crypto cryptosignals cryptotrading XBTUSD BTCUSD Contains image
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parallelchannel cupandhandle candlestick bitcoin crypto cryptosignals cryptotrading xbtusd btcusd containsimage
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I see 2 strong bearish patterns on Bitcoin chart on a daily.

The price broke and closed below a support line of a wide horizontal range.
Within the range, the market also formed an inverted cup & handle formation.
Its neckline was also broken.

These bearish signals make me think that BTC may easily drop lower.

Closest support - 53200

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