$BTC 🚨Someone is warning Bitcoin is one dump away from the bottom, and calling it the most bullish signal on their chart. For eight months, this bear market has run the same loop on repeat according to this analyst: an ascending channel forms, 30 to 60 days of quiet distribution inside it, a bull trap where the breakout gets sold instantly, then a capitulation leg of 30% or more down. If the loop completes one more time, they are expecting a drop toward the $49K zone. Their invalidation level: a weekly close reclaiming $71K. Whether this pattern repeats is something every investor will have to decide for themselves. Not financial advice. Do your own research. #follow me
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Richard Verhaeghe@ravonar · 15dEdited
Crash Baby Crash So Daddy can buy with both hands
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