Bitcoin - Will we breakdown from the rising channel ?

24 May 2020

In my previous analysis on Bitcoin, I called for a drop to Bitcoin to 7700. I am still confident in my short, and will continue to hold. A breakdown of the rising channel and engulf of the demand zone that was been tested would confirm in my opinion.

25 May 2020

Not

Broke the rising channel, engulfed previous demand, below the daily pivot. Bearish.