BTC.. descending channel yet is in the action
Hi everyone
Bitcoin price is still moving into a descending channel so expecting a bull trend is not logic yet.
we can expect more downward pressure after a very short term corrective wave upward ( if happens ).
but I think BTC can find it's bottom soon my read area on the chart is our potential key support zone.
Strategy?
as long as the price is moving into the channel we just track the price action without any blind entry.
lets see what comes after.
Enjoy the market
Bitcoin price is still moving into a descending channel so expecting a bull trend is not logic yet.
we can expect more downward pressure after a very short term corrective wave upward ( if happens ).
but I think BTC can find it's bottom soon my read area on the chart is our potential key support zone.
Strategy?
as long as the price is moving into the channel we just track the price action without any blind entry.
lets see what comes after.
Enjoy the market
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new analysis can watch here
