satoshimoto

BTC may see one more lower low

satoshimoto Updated   
BITFINEX:BTCUSD   Bitcoin
BTC is nearing the end of the descending channel formation. We are likely to see one more lower low unless the buying volume kicks in.

I am still bullish on BTC and Alts. I do not trade as often anymore.Just waiting for the new market cycle to start.

This is not a financial advice and I am not responsible for any losses may occur.
Comment:
Early breakout.But it does not look that healthy.I would not be surprised if BTC falls back into the channel
Comment:
No need to panic sell everything goes as planned.Final shakeout before moon mission.
Comment:
If btc stabilizes at 6800 we are highly likely to see an upward movement soon.

Pay attention.
Comment:
Watching btc closely. Volume is super low. I would wait a bit longer before buying.
Comment:
Free falling again.Expect to see are jump from 5400-5500 levels.

Btc does not look good.Consider holding some usdt until we find the bottom
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