📉Bitcoin has entered yet another correction phase within its long-term rising channel, following the same rhythm we’ve seen in previous cycles.
Each major correction (highlighted in red) has historically been followed by a strong bullish impulsive move from the lower blue trendline, and this time, price is once again testing that key structural support.
🔁If history repeats itself, this could be the final retest before a major rally toward the upper boundary of the channel, potentially aligning with the next cycle’s exponential phase.
Will Bitcoin bounce from this level one more time, or is a deeper correction still on the table? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
Each major correction (highlighted in red) has historically been followed by a strong bullish impulsive move from the lower blue trendline, and this time, price is once again testing that key structural support.
🔁If history repeats itself, this could be the final retest before a major rally toward the upper boundary of the channel, potentially aligning with the next cycle’s exponential phase.
Will Bitcoin bounce from this level one more time, or is a deeper correction still on the table? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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theSignalyst.com
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t.me/thesignalyst
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Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.