BTC still looks bearish to me. Why? Price hasn't broken that descending trendline yet. Simple as that.
Now, if we see a clean move above it? That's when things get interesting. Could be the first hint of a diagonal bullish setup forming. But until then, downside pressure stays in play.
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OnchainFortuneTeller
· 12-08 17:23
Let's wait until this line is broken, there's no point in saying anything now.
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LiquidatedTwice
· 12-08 10:36
Hmm... it's still stuck at that resistance line. If it can't break through, it'll just keep dropping. This is pretty clear.
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AirdropHunter9000
· 12-06 15:01
Wait, can we really trust these trend lines? It feels like every day someone is talking about this line or that line.
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StablecoinEnjoyer
· 12-06 15:01
If the resistance line isn’t broken, don’t get overly excited. Wait for a real breakout before making any moves.
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MetaverseVagabond
· 12-06 14:59
Looking at trend lines again? Same old routine. Let's talk when it actually breaks out.
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AirdropHarvester
· 12-06 14:58
Bro, breaking the trendline really isn't that easy. I'm waiting for this moment too.
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ThesisInvestor
· 12-06 14:53
The downtrend line hasn't been broken yet, I see it the same way. But once it breaks above, things will really get interesting.
BTC still looks bearish to me. Why? Price hasn't broken that descending trendline yet. Simple as that.
Now, if we see a clean move above it? That's when things get interesting. Could be the first hint of a diagonal bullish setup forming. But until then, downside pressure stays in play.