$BTC Bitcoin Price Falls Into Lower Long-Term Channel
Using a Gann fan and a Schiff pitchfork we can see that Bitcoin price recently fell back into the lower purple band of the long-term growth channel, and will likely test the bottom of it around $6,800, before returning to its bull market cycle. This is time to reaccumulate BTC.
CoinChartist is run by Tony "The Bull", a level 3 CMT student & technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!