Browse Symbol Stacks: $BTC: slopechart_$BTC.jpg

The Daily Blips 

The King obeyed its newly formed bear channel to the penny pretty much. 

This one is very bearish from my perspective. I expected some kind of stab at the convergence of multiple channel lines at 108k. (there is also a lot of past history around there, not shown) 

Instead it just farted down to 98k. 

Maybe next week. 

HAPPY THURSDAY! 

BONUS: This thing spent 6 months trading between 75k and 105k, and we just reentered that range.