BTC is at a critical point. It can either breakout of the descending channel or it drop down. Watch the charts closely. Current candle setup looks bearish but it could also breakout. Let's hope it does!
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Looks like a failed breakout on the 20 min chart
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Since my post we broke down before bouncing off the resistance on the 20 min chart. Looks to be breaking down further. Watching closely
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As predicted we saw a breakdown in BTC. If you opened a short position you can begin to take profit. It could break down further but I am deciding to take profit.
Trade closed: target reached
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Still lots of room for the RSI to drop, before we see a dead cat bounce. With that in mind I am long on BTC & XLM so I am quick to take profit