In summary, the current overall picture of Bitcoin is flashing its most dangerous signal in four years.
The breakdown below the long-term Mega Channel support, combined with a price pattern fractal mimicking the 2022 crash, strongly indicates that the macro bull market has come to an end, marking the inception of a massive new bear market.
The downward price targets are locked in at the $41,000 zone, with the ultimate bottom potentially plunging as deep as $33,500.
Therefore, the optimal strategy at this juncture is to heavily prioritize holding cash, preserve liquidity, and refrain from rushing in to 'catch a falling knife' until the price reaches its true foundational support.
The breakdown below the long-term Mega Channel support, combined with a price pattern fractal mimicking the 2022 crash, strongly indicates that the macro bull market has come to an end, marking the inception of a massive new bear market.
The downward price targets are locked in at the $41,000 zone, with the ultimate bottom potentially plunging as deep as $33,500.
Therefore, the optimal strategy at this juncture is to heavily prioritize holding cash, preserve liquidity, and refrain from rushing in to 'catch a falling knife' until the price reaches its true foundational support.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.