Bitcoin may be simply following the Wyckoff Distribution Model
We may be nearing the end of the downtrend here soon...
Check this out:
(Source: https://twitter.com/el_crypto_prof/status/1564905334061285377/photo/1)
This implies bitcoin to chop around for several more weeks, or even months, before breaking out to the upside.
It may even make a slightly lower low first, but not go much lower than that.
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hope so, but we can't say during the recession. Once it starts rising we could see some pullbacks.
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