Bitcpd027

Still heading down, watching for support levels to accumulate.

BITFINEX:BTCUSD   Bitcoin
So this BTC downtrend is staying in channels and looks like we are retracing with lower lows and lower highs in the big picture view, still. I am watching the support levels that have seen, across time, bounce points of either highs or lows which are signaled on chart as white lines. Those are my buy points to gain more BTC for long term.

BTC has been trading in the upper half of the channel for a short time, but it could enter the mid (between blue lines) at any time if not into the lower portion of the larger channel. I'll be setting buys at said support levels and wait for any signal of recovery.

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