1. **Mathematics**: - Bitcoin has a maximum supply cap of 21 million coins. This finite limit, analogous to the number 21, ensures scarcity and is a fundamental aspect of Bitcoin's design, influencing its economic model and value proposition. 2. **Culture and Traditions**: - Similar to the milestone age of 21 in many cultures, Bitcoin's significance grows...
Bitcoin potentially can breakdown from the triangel to 37k. If this happens im sure we are going to see a bear market down to 20k. bye.
At $58k BTC kicked off its descent and has now proven path in a descending channel with a few prominent support lines on the way down. The width of channel is enough that it supports the idea we will push our way down to major support which for BTC is a trendline that was establish 5 months ago in October 2020 when BTC started its ascent. This is a strong...