Bitcoin has broken below a major multi-week structure, showing clear bearish momentum and increasing volatility. The recent drop reflects a shift from accumulation to distribution, with sellers firmly in control.
However, BTC historically strengthens after deep pullbacks, especially when price approaches long-term moving averages and high-timeframe demand zones.
The next sessions will define whether this move evolves into a full trend reversal or becomes a long-term discount opportunity.
However, BTC historically strengthens after deep pullbacks, especially when price approaches long-term moving averages and high-timeframe demand zones.
The next sessions will define whether this move evolves into a full trend reversal or becomes a long-term discount opportunity.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.