BTSUSD: Potential Brief Pullback Then More Downside for BITSTAMP:BTCUSD by mxb1961

pivotpoints supportandresistance parallelchannel btc btcusd bitcoinusd bitcoit

on weekly chart, 45 period LR has transitioned to down
2021 vol area bottom challenged this week but not closed below (yet)
2022 S1 and Cam R4 may provide support for a brief pullback
ultimate targets could be the 2020 vol area lines (12053 top, 6856 bottom, or 9545 middle)
another target could be the 2022 S2 which is ~6856

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