#Bitcoin #BTC Scrapes Floor of the Channel Support Line #MonoCryptoTA #Crypto #TA

BINANCEUS:BITCOIN #BTCUSD

Major Bitcoin Price Reversal to 75k
or Major Collapse Toward 13k Imminent

The Bitcoin price is currently scraping the bottom of the channel support line. There's a greater meta channel for the weekly/monthly time frame. Note that both channels are formed with perfectly symmetrical trendlines. So be aware that this TA is completely objective. Bloody measured move if the channel support is broken to the downside.

Note that currently BTC is experiencing a lot of micro and macro channels, a lot of fake-outs, and also many wedge formations.

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