๐ BITCOIN AT A CRITICAL JUNCTURE ๐
โก The Line in the Sand:
$BTC is testing a multi-year trend line that has held since 2017. This isn't just any level โ it's a cycle-defining support.
๐ Historical Respect:
This line survived multiple bull/bear cyclesโฆ with one famous exception.
๐ฆ The Covid Flash Crash:
ยท Price flushed ~25% below the trend.
ยท Mass panic ensued ๐ฑ
ยท Then came the violent V-reversal โ
๐ Weekly RSI Hint:
RSI is now scraping levels seen near major pullback lows.
๐ Historically, this appears near the END of aggressive selling, not the start.
Bottom isnโt guaranteed, but the worst may be maturing.
โ ๏ธ If History Rhymes:
A Covid-style breakdown would point toward ~$45K.
This is NOT a target โ just a structural reference.
๐ฏ What Matters Now:
Itโs not whether we dip belowโฆ
Itโs HOW
$BTC behaves if we do:
โ
Fast reclaim + strong volume = Likely just a liquidity grab.
โ Acceptance below + weak bids = A different story.
๐ง The Takeaway:
Watch price action, not just the level.
Smart money isnโt predictingโitโs preparing.
Stay observant. Trade the reaction, not the rumor. ๐๏ธโ๐จ๏ธ
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