4hr Channel and Trend BTC/USD : Minority Venture Capital (MVC)

Upper blue trend line is the same as the one on the daily triangle in the linked post. In order to break this downtrend we need a close above this line and the yellow SMA (the 300 SMA on the 4hr aka 50 daily)

Additionally, watch this channel we've been forming as a breakdown will likely lead to an even larger more extended break to the downside. See daily descending triangle post.