BTC - Important downwards channel
You can see the price of bitcoin has adhered to to these support and resistance lines for the last few weeks. i think this is a good channel to follow to predict the price movements for bitcoin. The 50% line on the channel can be regarded as important too.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.