Analysis on the 15-minute timeframeBitcoin / U.S. dollarBITSTAMP:BTCUSDPouyanFaThe price has reached the bottom of the channel and is currently interacting with that zone on relatively low volume. If it breaks with a confirmation candle, the price will likely drop to 117k. However, if it returns inside the channel with increasing volume, we can consider a long position toward 118k.