BTC daily Analysis
BTC is continuing downward daily channel as shown in the chart.
it has broken down the upward daily trend-line ( yellow line ) and considering bearish trend.
my thought is bearish condition until exiting from the above of this channel which would not be too soon.
it has broken down the upward daily trend-line ( yellow line ) and considering bearish trend.
my thought is bearish condition until exiting from the above of this channel which would not be too soon.
Note
rejecting from lower line of channel as shown on the chart ~~~~~bulls can push it again to the upper line of descending channel.
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