Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run.
Historically, failures to reclaim this support, as seen in 2020, 2018, and 2014, led to significant corrections. Watch closely—rejection here could signal trouble for $BTC!
🇬🇧 Britain Holds $5B Bitcoin Stash, Labour Chancellor Urged to Sell
The Labour chancellor is encouraged to sell Britain's seized crypto assets, worth around $5 billion, to fund economic plans. One government wallet holds 61,245 BTC (~$4B).
📉 At Hourly Timeframe Symmetrical Triangle Formed At The Chart And Usually It’s a Continuation Pattern And If The Price Breakdown This Pattern We Will See 50k As a Another Legdown
👉 Any Breakout From 58500$ Will Confirmation Of The New Bull Trend
📥 Currently I Sold The #BTC Bags For Account Management Customers At The Entry Point And Totally Out Of The Market