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April 5, 2026
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Bitcoin Analysis 5/6/22 (Descending Channel 4 HR Chart)

Bitcoin Analysis 5/6/22 (Descending Channel 4 HR Chart)

Bitcoin Analysis 5/6/22 (Descending Channel 4 HR Chart)

Bitcoin Analysis 5/6/22 (Descending Channel 4 HR Chart)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
NeutronMan


Bitcoin Analysis 5/6/22 (Descending Channel 4 HR Chart)

Bitcoin has been trading within this Descending Channel since March 28th. I added some comments to the chart that describes the price action. As a reminder, we should all be looking at longer timeframes, like the 4 HR Chart. We could’ve probably seen this dip coming if we did.

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