patriot68

BTC daily Analysis

Short
patriot68 Updated   
CRYPTO:BTCUSD   Bitcoin
BTC is continuing downward daily channel as shown in the chart.

it has broken down the upward daily trend-line ( yellow line ) and considering bearish trend.

my thought is bearish condition until exiting from the above of this channel which would not be too soon.
Comment:
rejecting from lower line of channel as shown on the chart ~~~~~

bulls can push it again to the upper line of descending channel.
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