Examining the Bitcoin chart, it can be concluded that it has been moving in a valid upward channel since early 2013. As we can see, it is currently engaged with the midline of the chanal and has the potential to fall to the bottom of the canal as well.
If the Como cloud breaks and climbs to the top, it may be able to break its downward channel, otherwise the downward trend is continuous and for medium and long term people, I do not recommend buying until the downward channel is broken.
