m255683349

m255683349

Yesterday was a very interesting day. We got a massive impulsive candle that took price to a very key level with several stars aligning: - Psychological level of 3000 - Cross of both EMA50 and EMA 200 on the daily - Previous clear resistance (now turned support) that had not been revisited yet in this rally - Touch of a very clear lower trend line of a channel...

m255683349

We are in a major channel downwards with a smaller channel downwards within it. In order for BTC to even stand a chance to become ultra-relevant again we need a major breakout from this channel. Unless we get a period of price stability, we are looking to continue the trend downwards. In case the price reaches a state of stability, there would be a chance for BTC...

m255683349

- notdeadfish