This is not March 2020. Don't jump the gun on the left

22 Apr 2021

After breaking the lower trajectory of the upward triangle, bitcoin staged a rally, but only to correct the downward slope.

Now we see that MA6 is suppressing, and there is an upward channel here, and we have to pay attention to whether the support of the lower rail is effective.

Once the channel falls off the rails, it can dip to its former low of about $43,000,

But I think the real purpose of this correction should be to confirm support for the MA144.