Make or break moment for Bitcoin

2022년 1월 8일

Bitcoin is in a critical situation where it needs to hold the long term trend line for a last chance to continue the bull market. If BTC loses the trend line, we are most likely heading towards 29K. The market structure could be interpreted as Inverse Head and Shoulders, but the last time it hit the line, it played out the opposite. Some analogies can be done in both structures (1,2,3) looking like some fractal pattern.