Solldy

BTCUSD ❕ downward channel

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BITSTAMP:BTCUSD   比特幣
Bitcoin again confirmed the upper boundary of the descending channel and the resistance level.
The asset went under liquidity.
The price has fixed under 50EMA on the 4H Timeframe.
The RSI chart is moving in the sellers zone (4H, 1H and 30m TFs)
50EMA has broken down 200EMA on the 1H Timeframe.
I believe that BTC will continue to decline after it fixes under the support level.
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