BTC Channel

8 May 2022

Could simply be at the bottom of a channel here. If we break much further down then I'll call it invalidated. Let's not get bearish at support and bullish at resistance like everyone else just yet!

8 May 2022

Not

Also, if this does start going towards the top channel; expect alts to out-perfom and you'll have the alt-season you've been waiting for.

9 May 2022

Not

Digging deeper into the 4hours, getting to the last areas of support now.

14 May 2022

Not

Channel broke and haven't had a strong re-test. There won't be any real re-test following weekend volume either. I have flipped to bearish bias.