STOP..... STOP..... STOP 🚨
$BTC Don't ignore this bearish scenario for Bitcoin
Let me be clear: I'm still optimistic about Bitcoin in the long term
But that doesn't mean we should ignore the bearish scenario
Look at the pattern
We've already seen three similar descending channels, each followed by a crash
Right now, BTC is still trading inside the third channel, at around $75,000
If macroeconomic conditions worsen and Bitcoin enters another bear market, I expect a similar scenario to play out:
- A breakdown from the current channel
- A deeper correction toward $65,000
- A potential local bottom
- A new recovery phase
From there, my long-term chart points to a potential path toward $160,000 and a new all-time high
I'm optimistic about the bigger picture, but I want to be prepared for both possibilities
#USMidtermsCouldShakeUpUS-IranTies
$BTC Don't ignore this bearish scenario for Bitcoin
Let me be clear: I'm still optimistic about Bitcoin in the long term
But that doesn't mean we should ignore the bearish scenario
Look at the pattern
We've already seen three similar descending channels, each followed by a crash
Right now, BTC is still trading inside the third channel, at around $75,000
If macroeconomic conditions worsen and Bitcoin enters another bear market, I expect a similar scenario to play out:
- A breakdown from the current channel
- A deeper correction toward $65,000
- A potential local bottom
- A new recovery phase
From there, my long-term chart points to a potential path toward $160,000 and a new all-time high
I'm optimistic about the bigger picture, but I want to be prepared for both possibilities
#USMidtermsCouldShakeUpUS-IranTies
