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Clear channel for Bitcoin and the entire crypto market

BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
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BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Trend Analysis Trend Lines Support and Resistance Bitcoin (Cryptocurrency) bitcoinforecast Cryptocurrency crypto cryptotrading Descending Channel
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trendanalysis trendline supportandresistance bitcoin bitcoinforecast cryptocurrency crypto cryptotrading descendingchannel
Bitcoin is, as of now, trading in a channel. The rest of the market has been quite consistent with Bitcoin and everything is very tradable right now. Buy the dips. Sell the rips. Simple as that until we see this channel trend broken. The moving averages will also come into play so keep an eye on Bitcoin holding above the moving averages to verify its strength. Look for a break from the channel, possible test of the channel trendline and/or relevant moving average for confirmation of this trend change and a move back higher.
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