#BTC 1D Chart Analysis:

on Bigger Time Frame #BTC is moving in Descending Parallel Channel.

From Past Few days #BTC has tried breached upper wall of this channel but failed multiple times.

Now we have seen a severe crash now .

#BTC is now fallen back inside channel.

Price is Testing 50 and 100 DEMA.

Massive Liquidity has almost been tackled.

#BTC is now in Initial Demand zone.

200 DEMA is a massive demand area for Risk lovers.

NFA