🚨 $BTC

CLOSES BELOW DAILY PARALLEL CHANNEL SUPPORT!

Another daily close below the support of Bitcoin's 1D parallel channel is a major warning sign for bulls.

📉 Bearish momentum is strengthening.
📉 Key support has been lost.
⚠️ Further downside could be ahead if BTC fails to reclaim the channel.

This is an increasingly bearish signal for the crypto market.

Bulls need a strong recovery to change the picture!

#BTC #Bitcoin #CryptoMarket #Bearish