June 19, 2026

Bitcoin Analysis 4/16/22 Part 4 (2 Week Chart Bearish Formation)

Bitcoin Analysis 4/16/22 Part 4 (2 Week Chart Bearish Formation)

Bitcoin Analysis 4/16/22 Part 4 (2 Week Chart Bearish Formation)

Bitcoin Analysis 4/16/22 Part 4 (2 Week Chart Bearish Formation)

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
NeutronMan


Bitcoin Analysis 4/16/22 Part 4 (2 Week Chart Bearish Formation)

On the 2 Week chart, Bitcoin is in an Ascending Channel but the volume has been decreasing steadily since January 2021. This is typically a Bearish Market Structure. Also the RSI appears to be forming a Bearish Descending Triangle .

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