The reason is here
1. Bitcoin still reject bearish trendline from January 2025
2. Flag pattern created from 10 March and before flag its down trend, chance to bearish continuation
3. CME gap at 84k, can trigger breakout flag pattern and more downside risk incoming from short seller
4. No more bullish sign till we can close above 96k
5. New moon on 29 March
i think, rug 2.0 in coming especially with Trump tariff headline everyday and in early April Trump will announce something about tariff
If we cant hold 84k, its so over, another rug to 74k in coming
1. Bitcoin still reject bearish trendline from January 2025
2. Flag pattern created from 10 March and before flag its down trend, chance to bearish continuation
3. CME gap at 84k, can trigger breakout flag pattern and more downside risk incoming from short seller
4. No more bullish sign till we can close above 96k
5. New moon on 29 March
i think, rug 2.0 in coming especially with Trump tariff headline everyday and in early April Trump will announce something about tariff
If we cant hold 84k, its so over, another rug to 74k in coming
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.