Ladies and gents, fellow crypto enthusiasts, can we keep our cool a bit? $BTC fell more than 50% and had 5 red monthly candles, so the current bounce is normal, natural, and expected. On a closer look, the chart and levels I've shared since early February are still there and nothing has changed. For the last four weeks, we have been in a range, and now we are testing again the upper boundary of the same range. The timeline is already filled with bottom calls, ATHs, and all that, so here I am with the reminder that we are still in a bear market and in a downtrend, regardless of what narratives are currently being pushed or goalposts being moved. Until 85k is flipped to weekly support + continuation above it, nothing changes, and I will continue to short after rejections at major resistances. Thank you for your attention and back to our regular program 🫡
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Oh boy, here we go again - Bitcoin
Ladies and gents, fellow crypto enthusiasts, can we keep our cool a bit?
$BTC fell more than 50% and had 5 red monthly candles, so the current bounce is normal, natural, and expected.
On a closer look, the chart and levels I've shared since early February are still there and nothing has changed.
For the last four weeks, we have been in a range, and now we are testing again the upper boundary of the same range.
The timeline is already filled with bottom calls, ATHs, and all that, so here I am with the reminder that we are still in a bear market and in a downtrend, regardless of what narratives are currently being pushed or goalposts being moved.
Until 85k is flipped to weekly support + continuation above it, nothing changes, and I will continue to short after rejections at major resistances.
Thank you for your attention and back to our regular program 🫡