As you can see BTC is moving into a more horizontal channel. Is it really going to get a downward direction???
Comment:
It is quite possible for the BTC to touch the bottom of channel again. What do you think?
Comment:
unfortunately BTC lost the support of the channel floor. let's see if the static support around 41700 or the lowest trend line can stop the descent at about 38000 - 39000
Comment:
hope this trend line can stop the descent. if not the next supports are around 34000, 30000 and 27000 !!!
