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$BTC: Something MAJOR Right Around The Corner

Bitcoin (COINBASE:BTCUSD)  
huntertrades  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Parallel Channel Fundamental Analysis BTC Bitcoin (Cryptocurrency) ETH Ethereum (Cryptocurrency) SPDR S&P 500 ETF (SPY)
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trendanalysis parallelchannel fundamental btc bitcoin eth ethereum spy
Thesis:

Above $44,500 with rounding base, we see ATH again FAST.

Below $44,500 and break of parallel channel, we will see a 50% sell off FAST.

Current Bias: 65% favored downside.

Given the current market conditions, short term stability seems to be out of the picture. Trade wisely, friends.

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