BTC Log Chart Trend Channel

BTC hitting the support on the previous support on the log chart which is also the 61.8% Fibonacci level. Have a look at the RSI and where it is in comparison to previous support levels. I don't think the breakout is imminent considering the market is fearful but i think it will be moving sideways for the next few days. Keep your eyes peeled.
Bitcoin (Cryptocurrency)CryptocurrencyFibonaccirsi_oversoldTrend Analysis

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