Let's have a look at the INVERTED BTC chart again.
Does this chart look like it's going to explode to the upside or collapse to the downside? On the INVERTED chart, we have lower highs and lower lows on the daily/weekly. It is looking to me like it is about to collapse toward the bottom of the channel in the coming weeks.
Feel free to share your thoughts and why you agree or disagree.
Note
BTC is starting to follow my projection nicely. Watch for a move to the other side of the channel in the coming weeks/months.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.