BTC - Bearish Short-Term Until...

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.

🏹 For the bulls to regain control, a break above the upper red trendline is needed.

Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich