BTC Weekly candle Technical Analysis - currently 70% discount from highs

Hello Steemians,

Here is the weekly close for this weeks 'weekly candles' closing at $6,515 USD

As you can see on the chart the weekly basis looks like BTC/USD is in a bearish channel formation.

Invalidation price of the channel would be $7,666 USD

This is not Financial Advice, under your own responsability