🤷♀️ #REVIEW BITCOIN DECISIVE
I want to drag your attention to current attempt of #BTC bulls to break $29700 resistance. You have seen this kind of price action many times, but this one is special.
After the massive upside in first half of the year #BTC got into solid flat market. Every flat market is either distribution or accumulation. Now we finally will see which kind of flat market it was!
If #BTC dumps further down, we saw a distribution. Unfortunately, this means bear market is next.
If #BTC reclaims $29700 and $30k resistances and fixes there, this is likely an accumulation before the next leg up!
I personally think this is likely a distribution phase, but we'll see!