BTCUSD - Everybody is bullish at the moment, so ...

Updated
Hello,

Everybody is bullish at the moment, so I will try a contrarian guess. I'm not trading these days, because I managed to buy way cheaper so I will not gamble my BTC for the moment.

What do you think, is it a plausible scenario? Can BTC make a turn and form a descending channel?

Good luck!

Crocodiliul
Note
It seems that today we are about to find out if we remain in the channel or not. So far, so good.
Note
The downward channel has been confirmed.
Trend Lines

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