🔥 Bitcoin Bearish Break-Out From Channel

Bitcoin just failed to get back into the bullish channel, continuing its bearish descent. After a strong start in March it seems that this bull-run has come to an end. This trade is based on the idea that Bitcoin will fall further.

Overall, I'm still bullish on Bitcoin. Although, the risk of a correction is getting bigger with the day.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsParallel ChannelTrend Analysisusdt

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