$BTC Good: Holding $65k zone Bad: Rejection from underside of channel. (see white arrow)
A similar setup occured on the prior breakdown. BTC spent 8 days testing the underside of the channel before breaking downward. (top-left part of image)
Let's hope for a reclaim of the channel for some short term relief. But my guess is we ultimately drop lower, whether it's sooner or later.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.