BITCOIN -Be Ready to catch this out of channel Downtrend

BITCOIN in all the time frame poise to break the long continued channel.It is about to break the second long channel.

The price is very near to the lower support slope &
The price is very weak on the upper resistance channel higher slope

This is the indication the big fall is to come soon.

What is the target 4800 is the target in week time.

One important aspect is that in all the timeframe the price followes this channel for sure it will go down.

Bullish traders must close the position as it is nearing short trend.


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