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BTC to Break $4.5k this Week
BTCUSD
, 240
Short
BTCUSD: BTC to Break $4.5k this Week

BTC is forming lower lows and lower highs and looks to be stuck in a downward channel. I expect a test of its recent sub $4k low. Bearish UNTIL BTC Breaks this channel and forms a higher high

BTC Short term Price Target
BTCUSD
, 240
Long
BTCUSD: BTC Short term Price Target

Decent risk return ratio for BTC. Bulls seem to be losing momentum show the big wick rejecting the 200 EMA on the 4HR chart, decent R:R ratio showing only a risk of 3% vs a 22% gain

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