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Bear Market Channel - BTC

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Bear market channel forming.

Chance of going to 30k, 40k, previous ATH... it is possible, just don't hold your breath.

Troubling news for the markets coming. Inflation, China, whatever. Something will trigger a sell off in the markets, and BTC will sell off as well.

RSI and MACd showing real weakness. No one in the mood to buy risk assets.

All of this, IMO.

Best of luck trading. Be patient.

Ghi chú
My timeline was off (per usual), but I mean.... hard to be perfect ;)
Chart PatternsTechnical IndicatorsTrend Analysis

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