Dan Sanders @DanSanders518
Joined November 2024-
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Following184
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Dan Sanders retweeted
#BTC Bitcoin has built a cluster of price action at these levels and one could even make the argument for a Double Bottom formation here Bitcoin would need to Weekly Close and/or post-breakout retest the top of the Double Bottom (blue $72810) to confirm a breakout However, historically at similar phases in the Bear Market Cycle, Bitcoin has developed seemingly bullish structures only to have them fail and precede additional Macro Downside $BTC #Crypto #Bitcoin
#BTC In the weeks since this post... Bitcoin lost the 200 week EMA as support and turned it into resistance Only to then Weekly Close above it two weeks ago and successfully reclaim it as support last week Indeed, as per the previous post, "the 200-week EMA is acting as both
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