It appears as though Bitcoin is trading in a descending channel, with a potential breakout happen in the near term.

BTC has tested the downward sloping resistance of a descending channel pattern multiple times, each time BTC is creating a lower high & a lower low, which is inherently bearish.

The williams alligator is also displaying a bullish cross & the bands are widening in an upward direction, which is a bullish indicator.

Bullish cross on the KST as well. I have placed upward arrows at each bullish cross in the recent past showing a direct correlation to upward price swings.
Bitcoin (Cryptocurrency)BTCBTCUSDbullishcrossBullish FlagChart PatternsDescending ChannelKSTSupport and ResistanceTrend Analysiswilliamsalligator

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