In the past week, I haven't shared many updates because my outlook on $BTC hasn't changed. The key levels remain very clear.
The only notable bullish development is on the weekly timeframe, where Bitcoin has broken above the 200 SMA. Historically, this has been a strong signal that the bear market bottom is near.
If history repeats itself, $57.7k could mark the bottom of this bear market.
What do you think?
Are you still expecting more downside, or do you believe the worst is already behind ...
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