$BTC | The post you don't like, because it doesn't hype you up.
$BTC | Historically, sweep of monthly highs at bullmarket tops has led to 17-26% drawdowns.
If kept in mind that the -% is declining, we can expect the initial pullback to end up below 110k before a bounce as indicated on the chart.
Depending on how that bounce goes, it will be decisive whether the higher timeframe trend has definitely shifted bearish or not.
If so, the target is sub 100k around the 50 weekly EMA, which has historical significance.
19.99K
70
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