BTC DOUBLE topped for the first time in its history. People expect there to only be ONE downtrend from the top... well reality is about to hit the bulls hard when the yield curve un-inverts and rates get cut. Don't believe me? Research those concepts for yourself and make a decision. It's different this time. You've been warned.
We potentially have two completed zones of trading with 0.5 retraces and an overall 0.382 retracement of the current bear market. The 0.382 retrace is a classical bearish retracement that could lead to continuation of trend. This is just an idea. Not financial Advice.
Price breaking out of a year long falling wedge on the RSI. Price still within the bounds of a macro pitchfork.
As Sam would say... Not financial advice :)
