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🤷♀️ #REVIEW BITCOIN DECISIVE
I want to drag your attention to current attempt of BTC bulls to break $29700 resistance. You have seen this kind of price action many times, but this one is special.
After the massive upside in first half of the year #BTC got into solid flat market. Every flat market is either distribution or accumulation. Now we finally will see which kind of flat market it was!
If BTC dumps further down, we saw a distribution. Unfortunately, this means bear market is next.
If #BTC reclaims $29700 and $30k resistances and fixes there, this is likely an accumulation before the next leg up!
I personally think this is likely a distribution phase, but we'll see!