BTC is in a 1W up-channel, moving to test the channel lows. The price-action imitates a double-top, which can make many holders to sell their bags, and that's the time for moving to higher prices again.
There is also another possibility: if the price go back above the channel's mid-line, it would be possible that we never touch the lows of the channel and then very probable to break the channel's high, which is very bullish in weekly TF.
There is also another possibility: if the price go back above the channel's mid-line, it would be possible that we never touch the lows of the channel and then very probable to break the channel's high, which is very bullish in weekly TF.
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