Bitcoin Lower Channel Breakdown
I charted out Bitcoin and it looks like it is sitting right on it lower trendline . It makes me think there is a chance for a bounce here but I have seen it time and again that on the third try, the channel break downward. I would look for a break of the channel, potentially going towards the 50 days moving average.
Kris "Maddog" Kagan -
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.