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🚨 BTC IS FORMING THE FINAL DESCENDING CHANNEL
Price has been respecting these two trendlines for months now
From 58k to 65k, back to 57k, and once again up to 65k
In my opinion that last push to $65k was the final one
What comes next is a downtrend with small bounces along the way
But one way or another, this is a DESCENDING channel, and accordingly, it will lead us downward
My current target: $55k
After that I expect a bounce - followed by one more leg down, bigger than the last
Still watching this structure closely
Will keep you posted
NOTIFS ON!
$BTC