🚨Bitcoin Falling with the Help of Descending Channel🚨

Bitcoin has managed to form a Descending Channel after breaking the 🟢support zone($29,850-$29,480)🟢.

Over the past two days, Bitcoin has been completing a pullback to the broken 🟢support zone($29,850-$29,480)🟢.

Bitcoin is currently near the upper line of the descending channel.

🔔I expect Bitcoin to continue its downward trend in the next few hours.
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🌐➖Negative News➖🌐:
A new law requiring USA citizens to report Cryptocurrency transactions above $10,000 is one step closer to being approved.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

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Kommentar:

Basically, volume trading is low on Saturdays and Sundays and we have to wait for the beginning of the coming week.