New Trend Forming in Bitcoin // Bitcoin technical analysis 2

Bitcoin Price Key Highlights

Bitcoin price seems to be trending lower on its short-term time frames, creating a new descending channel visible on the 15-min and 1-hour chart.
Price is currently testing the channel resistance around the $2750 level and could be due for a drop to support.
Bitcoin is still moving above a rising trend line on the longer-term charts but appears to be having trouble sustaining its bounce.