The market is completely bearish and Bitcoin will go to correct

Short

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)

BINANCE:BTCUSDT.P Bitcoin / TetherUS PERPETUAL CONTRACT

Trend Analysis Multiple Time Frame Analysis Beyond Technical Analysis

trendanalysis mtfa beyondta

BTCUSDT.P

In the 4h chart, it is easy to see the downward channel and the movement of Bitcoin in this channel and react exactly on the middle line of the channel.

In the daily and weekly charts, it is quite clear that Bitcoin has lost its power and will go down for a while to correct the price.

So for now, we should not wait for price growth

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