Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline. Since then, the price has dropped nearly $7,000 and...
Bitcoin topped out its all-time high at the upper boundary of a macro, linear trendline. Historically, a test of this trendline has prompted a market correction — and it is likely that this trend will continue.
The parabolic trend bitcoin has seen over the last two years is approaching a very aggressive level that could make bitcoin see aggressive price swings in the coming weeks.
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