$BTC 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗵𝗮𝘀 𝗿𝗲𝗺𝗮𝗶𝗻𝗲𝗱 𝗮𝗯𝗼𝘃𝗲 𝘁𝗵𝗲 𝗥𝗦𝗜 1000 𝘁𝗿𝗲𝗻𝗱𝗹𝗶𝗻𝗲
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just as it did in previous bull markets.
The last successful test of this trendline occurred near $75,000.
It still seems too early to call this a bear market, as historically, the RSI 1000 had to break below this trendline and retest it (a red flag) before confirming a trend reversal.
Until that happens, this may not be the last selling opportunity — and it could signal that the market still has strength to continue for a few more months.
❍ © Alphractal
