Bitcoin potential bounce from here. Long term descending channel
Updated
We are now at past support levels and support on the descending channel which began from the ATH at $20000. Watch closely for a bounce here to the top of the channel. If we break lower than the channel then next stop appears to be around 6k levels. RSI is supportive of a bounce from here
Note
broke the channel downwards. This is getting ugly :( :( :(
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.