As you guys can see with this short rally from Bitcoin since it started trading upwards from the channel it’s been making higher highs and higher lows so a break beneath these lows will be perfect for more confirmation on BTC coming back downwards. It retested the top of the channel and now just consolidating. Remember the longer the consolidating means the bigger the break out!
Misho
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Misho
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.