$BTC bottom still isn't in.
This move looks like another push into the upper boundary of the channel, not a trend reversal.
Bitcoin hasn't reached the bottom yet, and I think there's still around 2 months left.
The latest lower high at $68K confirms the channel is still playing out perfectly.
So far: $98K → $80K $83K → $60K $68K → ?
The chart points to $40K. That's where the channel ends, and where I believe the bear market ends.
I'm not buying a single sat until we get there.
$BTC #Bitcoin #Crypto #TechnicalAnalysis #bearmarket
This move looks like another push into the upper boundary of the channel, not a trend reversal.
Bitcoin hasn't reached the bottom yet, and I think there's still around 2 months left.
The latest lower high at $68K confirms the channel is still playing out perfectly.
So far: $98K → $80K $83K → $60K $68K → ?
The chart points to $40K. That's where the channel ends, and where I believe the bear market ends.
I'm not buying a single sat until we get there.
$BTC #Bitcoin #Crypto #TechnicalAnalysis #bearmarket