@moon333 22 June 2022 more from that month

Bitcoin (BTC) Breaks Down Two Channels Consecutively https://youtu.be/LX6UfMZfo7Q Hi friends hope you are well, and welcome to the new update on Bitcoin. **Breaking down two channels:** On an hourly time frame, after breaking down an up channel Bitcoin formed another up channel, this time the support of the previous channel was working as a resistance to the new channel. But finally, Bitcoin broke down the second channel as well.

**$19.5k support and RSI on weekly time frame:** On a weekly time frame, the leading cryptocurrency has found support above $19500 and RSI has the most oversold value in the history of BTC. Now it has moved sideways, therefore, there is a very high probability that from here Bitcoin will start the next long-term bullish move. But before such move there can be a sideways trend in the weekly time frame.

For a detailed analysis, you can watch the video.