A new look at previous logarithmic channelBitcoin all time history indexINDEX:BTCUSDDrDovetailWith the trendlines of this channel slightly shifted we can see that it is possible that priceaction has already tested the top trendline of the channel. However in my previous version of this idea which I will try to post below it hasn’t connected with the top trendline yet. Would make more sense for it to be having the rejection it is having if it has already retested this top trendline though so I decided to post this version of the chart too so I can keep an eye on both. Even if somehow this does signal some sort of top it looks like we have very strong support on the next trendline just below the current one which should have the monthly 50ma double reinforcing its support in the very near future. SOo in that case that 50k zone there should hold strong support,but hopefully this is So another correction and not the top in which case the current trendline we have just retested will hold support. *not financial advice*