Hi every one,
As in my previous analyses, the downway continues with BTC after FED and BCE annoncements this week. I think that we're all prepared for this, somehow.
I would like to update with a short-term analysis for BTC until the end of this year.
As we can see in chart (1D TF), BTC prices are breaking its local ascending channel (in blue). In my opinion, it continues to drop until touching the lower trendline of the bigger descending channel (in black) or the monthly support area (around $14000).
What are your views? I'd love if you can share them in comments.
All the best!
