Bitcoin
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BTC summary (December 2021) downwards channel (LL's & LH's)

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My thoughts on bitcoin?

1) downwards channel formation still intact.
2) lower highs, lower lows.
3) breakdown from uptrend that started July 2021.
4) market structure aoi around $44,444.
5) would like to see a 3rd tap on the support line on the downwards channel with strong buy pressure.

Happy holidays to everyone, and Merry Christmas.

👍
Trade ist aktiv
Snapshot
Trade ist aktiv
Snapshot

1) you panic sell the downwards channel support
2) my buy orders get filled
3) short squeeze
Trade ist aktiv
$44,444

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Bitcoin (Cryptocurrency)BTCcryptoCryptocurrencycryptotraderdowntrenddownwardschannelFundamental AnalysisTechnical IndicatorslowerhighslowerlowsTrend Analysis

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