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BTC Trend pattern

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Contains image
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Breaking point 37.5k, if this channel breaks down which is the 37.5k then 36k, 32k, 28k, 20k, worst case are 17.6K to 12k as shown in the chart with blue lines. However, if BTC broke the upper resistance then this TA is invalid but so long as BTC is within the trendline channel then this is still valid.
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Breaking point 35.7k, if this channel breaks down which is the 37.5k then 36k , 32k, 28k, 20k, worst case are 17.6K to 12k as shown in the chart with blue lines. However, if BTC broke the upper resistance then this TA is invalid but so long as BTC is within the trendline channel then this is still valid.
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