Since Bitcoin $BTC 's weekly chart (weekly K) is moving like this,
then even if it's just a rebound, this area around 83 should be tested further. Then, we'll see where the weekly K closes—if it breaks straight through, then that would be the so-called bull market starting point.
For reference, look at those stretches of weekly K changes in February to March 2023.
🔻 BTC fell to $75.6K, with $356M in positions liquidated over the past 24h.
🇺🇸 Trump disclosed his fin. report: 1051 trades worth $78–263M. Many of the trades coincided with important decisions by his administration. 🤔 Do you think there is a conflict of interest here?