$BTC sitting at the bottom of a massive long term trend channel.

$BTC sitting at the bottom of a massive long term trend channel. This can be a low-risk entry for bulls, but I fear that we have been testing this bottom trendline too many times.  Combined with what is happening with interest rates and other risk markets, I think we will break this line and test low $30,000’s before stabilizing.  For long-term bulls, that may not be significant – either way, we are at a key point in time and price  – well worth paying attention to.

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$BTC sitting at the bottom of a massive long term trend channel.

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