BTCUSD in descending channel only after breakout huge pump

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we can see price is in descending channel and usually descending channels after the pump are short-term corrections and after a breakout to the upside, the price will pump hard once again.

if this channel breaks then the price can easily reach a new high over high like green arrows.

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Comment: Daily view:
Trade active: Local trendline (red small trendline on the chart) broke
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