[BTC/USD] The remaining bull case for BTC
This one is probably the last case for 
BTC to keep its bullish narative : July 2021.
When entering a bearish trend, it's not unusual for the price to make one final run to ATH, but with lower MACD (divergence).
In 2021, BTC (the chart is weekly), made a drop to its Jan 2021 price level, but then made a bounce, made ATH, but with lower MACD, before a long crypto winter in 2022 / 2023.
If BTC wants to repeat this history, one thing should happen first would be a drop to level lower than the last 5 August low, then we can see if it able to make the bounce.
BTC to keep its bullish narative : July 2021.When entering a bearish trend, it's not unusual for the price to make one final run to ATH, but with lower MACD (divergence).
In 2021, BTC (the chart is weekly), made a drop to its Jan 2021 price level, but then made a bounce, made ATH, but with lower MACD, before a long crypto winter in 2022 / 2023.
If BTC wants to repeat this history, one thing should happen first would be a drop to level lower than the last 5 August low, then we can see if it able to make the bounce.
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