Bitcoin price has been in a parallel channel for a year!
BTC/USD COINBASE:BTCUSD
It took from April 14th, 2021 to November 10th, 2021 (about 7 months) to travel from peak to peak in this parallel channel . Hopefully, we have already bottomed, but, if not, we could bounce with good volume at the bottom of this channel (around $32,000) should price continue to the downside. It is possible, based upon past price action within this parallel channel , to hit the top of the channel (around $75,000) near June 10, 2022.
