BTC Daily Descending Channel

BTC is currently respecting this descending channel and is currently tackling the 200 daily MA, I wouldn't like to see a drop below it. We have our support zone holding up as well.

>>MACD lines rejected a bullish cross, though the histogram still showing weakening bearish vol.

>>RSI looking bearish

>>Trading Volume also getting lower.

Trading isn't recommended currently. Good buying opportunity for BTC for the long term (1-4 years)

More updates tomorrow...