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$BTC.X has lost the channel

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BITCOIN BTC.X has lost the channel but the pennant (bullish one is still active. Look for the support zone 30000-31000 which needs to hold to prevent a drop to 25000.
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Bitcoin (Cryptocurrency)bitcoinusdCandlestick AnalysisCryptocurrencyMultiple Time Frame AnalysisSupport and Resistance

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Bitcoin (Cryptocurrency)bitcoinusdCandlestick AnalysisCryptocurrencyMultiple Time Frame AnalysisSupport and Resistance
ewaction
Also on:

Disclaimer

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.