Bitcoin
Short
Updated

BTC monthly chart is bearish

3 355
BTC / USD

I've been bearish on Bitcoin for the past 4 months (previous posts are attached below), and today we're seeing the price of Bitcoin continue to decline.

What is the current situation for Bitcoin (monthly chart)?

In short, Bitcoin has broken its upward trendline (white), as well as a very important EMA on the monthly chart (dashed red).

The current situation resembles the end of the bull market at 2022, and you can anticipate what will happen next by looking at my chart

Conclusion:
The current view on HTF is pure bearish
Trade active
Trade closed: target reached
snapshot
BTC just hits 66k ✅🤝🔥

10k drop since sharing my last idea in just 3 days !
Hope you followed me
Note
BTC reached 60000$ ✅🤝🔥
And a New update here :
BTC bounce time !

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