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MPH_
Jun 10, 2021 9:39 PM

Clear channel for Bitcoin and the entire crypto market 

BTC Perpetual Futures ContractBinance

Description

Bitcoin is, as of now, trading in a channel. The rest of the market has been quite consistent with Bitcoin and everything is very tradable right now. Buy the dips. Sell the rips. Simple as that until we see this channel trend broken. The moving averages will also come into play so keep an eye on Bitcoin holding above the moving averages to verify its strength. Look for a break from the channel, possible test of the channel trendline and/or relevant moving average for confirmation of this trend change and a move back higher.
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