Bitcoin Descending Channel
Bitcoin descending channel forming a bear pennant, breakdown to sub 20k remains likely.
Options expiry end of May coincides with bear pennant culmination point.
Looking for BTC to reach 200 EMA prior to reversal and starting accumulation phase in preparation for next bull cycle.
Options expiry end of May coincides with bear pennant culmination point.
Looking for BTC to reach 200 EMA prior to reversal and starting accumulation phase in preparation for next bull cycle.
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