BTC: Probably the bearish market is not finished

٢٢ ديسمبر ٢٠٢١

The BTC is in it's sixth main touch with the 8 year ascending channel. As we can see on the chart, the price is reacting intensely to the midline of the channel. Also, from my point of view, the market can form an ending structure. There is a less chance that the BTC can reach the upper edge of the channel, therefore, the descending path may be inevitable!

Good luck!