A bearish and Bullish Outlook On BTCUSD
Updated
This is a friend chart that has a bearish outlook for potention reversal or Crash to 2018 Lows
Prentending that Btc has a 16 year Cycle where each 8 years we can take previous cicles lows
Which mean 2026 bear market could be really drastikkkk
But let keep our Pants tight and see if BTC is about to make a breakout like in May 2019
While this current cycle show similarities with the 2019 Btc Time Cycle
The oods favor the Bulls but the chart could be setting the biggest bull trap or a second level bear trap
DYOR
This is not a trade advice or signal
Prentending that Btc has a 16 year Cycle where each 8 years we can take previous cicles lows
Which mean 2026 bear market could be really drastikkkk
But let keep our Pants tight and see if BTC is about to make a breakout like in May 2019
While this current cycle show similarities with the 2019 Btc Time Cycle
The oods favor the Bulls but the chart could be setting the biggest bull trap or a second level bear trap
DYOR
This is not a trade advice or signal
Note
As Price Showing Rejection from 31kWhat could be expected next is a retest of 27-28k for another Bullish leg up
Worst case scenario 25k
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