IS BITCOIN IN A BEAR CHANNEL?

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 22, 2021 1:42 PM

It is starting to shape up that way. If the green trend line breaks to the downside I thing that will confirm the bear channel. However, there's to much fundamental bullishness for me to believe this is a bear channel. Well only time will tell

Comments

PlaceboOwl1111

⋅ Sep 22, 2021 4:50 PM

Nope rising dragon 🐉 channel 😂

Lucid_Liquidity

⋅ Sep 22, 2021 6:29 PM

@PlaceboOwl1111, I was thinking more along the lines of a pooping hippopotamus triangle but I went with the bearish channel instead.