We are back inside the downward channel, resistance was penetrated but not broken. Trendlines are traditionally considered extremely subjective but when it comes to Bitcoin and Autism they seem to be deadly accurate ;)
This is not TA I just like to draw lines and find patterns.
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On target
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XBT Following the arrows nicely
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moving to test 9k area without a solid reversal of this current bearish trend there is likely more downside.
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Hodling nicely along the greed trendline.
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Green* lol
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XBT is now at a major crossroads once again. Fighting off the bears the bulls are making a small come back pushing the price above the danger zone but XBT is still facing strong resistance.