Hello traders, welcome back to another market breakdown.
Bitcoin is trading in a down trend. However, the price is trading above the support level now, and inside a channel. Traders will wait for the triangle to break before start buying. The break of the support line means we might visit the 20k level.
That's a very interesting point of view. I think this scenario is possible for collecting liquidity, it would be very useful. And in the longer term, I'm looking at a price move in the other direction. Thanks for the hard work, mate)