Bitcoin
Short

Parallel channel and short setup on BITCOIN or BTCUSDT

Hello friends

I did an analysis on Bitcoin right now.
Unfortunately,
If the 47,000 and 42,000 mentioned in the previous analysis are not well supported, we will see more correction.
You can see that the 350-day uptrend in the RSI is broken and the pullback is done. Note that the analysis is in weekly time frame and if it is correct, we may not see an upward trend for a long time.
BTCUSDTParallel ChannelshortshortsetupTrend Analysis

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