BTC zooming out
BTC/USD COINBASE:BTCUSD
am i bearish on btc? nope not not. we are in a massive channel on this weekly chart. higher highs and higher lows. if we look inside the weekly candle we can see another small channel as well. could we drop to 37-38k or possibly some lower wicks? of course we can and it’d probably be a bear trap. but on the flip side with everything going on in the world more and more another massive drop could happen. gotta keep on eye on the stock market and some of the events going on. as always have a plan for both scenarios!
