➖➖➖➖➖➖➖ $BTC on the 1M just did something major. The 12-year trendline that has guided this entire cycle was broken this month, and price is now sitting around $65.7K. This is not a small move. It’s a structural shift that needs confirmation on the close.
The only thing that matters now is whether the month closes back above that trendline or accepts below it. We’ll be reviewing this tomorrow, when the monthly candle closes, because that close will decide if this break is real or just a wick. #BuyTheDipOrWaitNow? #BTC
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MARKET UPDATE: $BTC $BTC
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$BTC on the 1M just did something major. The 12-year trendline that has guided this entire cycle was broken this month, and price is now sitting around $65.7K. This is not a small move. It’s a structural shift that needs confirmation on the close.
The only thing that matters now is whether the month closes back above that trendline or accepts below it. We’ll be reviewing this tomorrow, when the monthly candle closes, because that close will decide if this break is real or just a wick.
#BuyTheDipOrWaitNow? #BTC