Everyone is calling $BTC to 65k, then 67k, then straight to 70k+. I get the excitement. But I'm not buying the hype right now. I'm still reading this as a downtrend. There's one big bearish candle left to play out, and until that happens I'm not flipping bullish.
My levels look different. I'm watching 58k first. Then 52k. Then 46k. And if the structure keeps breaking down, I won't be surprised to see 40k on the chart before this cycle of chop is done.
Remember markets love to prove the crowd wrong right when everyone's leaning one way. Stay patient. Stay ready. Don't chase the narrative, follow the chart.
#Bitcoin #BTC $BTC #CryptoMarket #BearMarket
My levels look different. I'm watching 58k first. Then 52k. Then 46k. And if the structure keeps breaking down, I won't be surprised to see 40k on the chart before this cycle of chop is done.
Remember markets love to prove the crowd wrong right when everyone's leaning one way. Stay patient. Stay ready. Don't chase the narrative, follow the chart.
#Bitcoin #BTC $BTC #CryptoMarket #BearMarket