Bitcoin continues to be bearish for now
On the Daily chart very noticeable Double Top ~107k. Certainly, short term move towards 93k. Afterwards probably the decision to make that will change the outlook of the next 1-2 years.
$85-86k could mean as first support. Then with the break of it, reaching low 70s and high 60s (~530 day downtrend will be near complete). If it were to continue tumble close to 55k (which I don't think it will), I am personally not going to hasitate for a long time to grab as much as I possibly can.
I'm convinced we'll be more than alright after this big Bear Trend.
thank you
$85-86k could mean as first support. Then with the break of it, reaching low 70s and high 60s (~530 day downtrend will be near complete). If it were to continue tumble close to 55k (which I don't think it will), I am personally not going to hasitate for a long time to grab as much as I possibly can.
I'm convinced we'll be more than alright after this big Bear Trend.
thank you
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