Bitcoin flip bearish
⚠️ This is the first major Bitcoin warning signal in 3 years.
$BTCUSD is still trading at a weekly discount, and it’s bounced here every time since 2023 and structure remains bullish, so I’m betting on a bounce. ✅
But for the first time since Dec 2021, the monthly BX just flipped 🔴.
Last time that happened, Bitcoin dropped 60% in a year.
If $100K breaks and BX stays red, I’d expect a sharp correction toward $70K–$75K over the next 6 months.
Short-term bullish.
Long-term cautious.
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- joozy·11-04Careful with those predictionsLikeReport