BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
$BTC channel progress.


Uptrend channel has been broken.... parabolic?
+1 Reply
This chart could show that the market is becoming rationally again and that price could continue to consolidate until hitting the channel support line (at around 8500$ in march). We'll see.
Not the best at using the publishing/updating feature of this platform...but if you are looking at this and are in my private group -> I adjusted this channel line to be a little more accurate on the wicks which makes a big difference. The most up to date charts are being posted in the group.
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