Semi-Tutorial
according to the chart, the major channel (yellow) has a down trend minor channel (blue) and if the price break it out to the higher level we can see a midterm bullish trend.
but before that, the second minor channel (green) has an up trend and after a short correction wave it has to choose to breakout or goes through an other correction wave again.
Bitcoin is still in the bull channel since 2014
it is now close enough to the lower line and it can be a strong support line with a massive incoming volume.
It's a possible scenario for BTC to keep the bearish trend.
It may fall again after completing the wedge pattern and the amount could be as much as last one.
