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mcdaverage

BTC Cycles - Support Lost - Now what?

Long
Bitcoin (INDEX:BTCUSD)  
mcdaverage  
INDEX:BTCUSD   Bitcoin
Chart Patterns Trend Analysis BTCUSD BTCUSDT
6
0
chartpattern trendanalysis btcusd btcusdt
BTC failed to establish support after making new ATH.
It did try to flip and establish $58-59k as a base but that is now resistance.

BTC did a similar move back in 2020 right before going parabolic.

Still Bullish as long as we don't lose $40k.

snapshot
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