🚨 Is Bitcoin setting up for another 2022-style bull trap?
Everyone thinks the bottom is in, but I’m not convinced yet.
$BTC is up nearly 51% in three months. That’s impressive, but a strong rally doesn’t guarantee the downtrend is over.
According to this chart, BTC could drop toward $40,000 next month if bearish momentum returns.
Don’t get too comfortable with this relief rally. The market could still surprise us.
Stay alert. Protect your capital. 👀
Follow and turn on notifications. I’ll share major updates here as the picture develops.
Everyone thinks the bottom is in, but I’m not convinced yet.
$BTC is up nearly 51% in three months. That’s impressive, but a strong rally doesn’t guarantee the downtrend is over.
According to this chart, BTC could drop toward $40,000 next month if bearish momentum returns.
Don’t get too comfortable with this relief rally. The market could still surprise us.
Stay alert. Protect your capital. 👀
Follow and turn on notifications. I’ll share major updates here as the picture develops.