BTC has failed to break through the upper border of the declining channel. Bitcoin price growth reflected from 35500 and returned to the movement in channel. It means that the most likely scenario is to return to the lows and retest the support. It does not spell the doom&gloom, but for the middle range bear market. It can be saved by some good news or occasional celebrity twitt but for now the test of 29-30k seems inevitable.

Short price prediction for the Bitcoin is 30,000 USD/BTC. Reversal of the price over 36,000 invalidates the forecast.