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

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.

👍

Dagangan aktif:

Dagangan aktif:

1) you panic sell the downwards channel support
2) my buy orders get filled
3) short squeeze

Dagangan aktif:

$44,444

Santa Claus