📉 BTC Market Update: Signs of a 2021 Replay?
Looking at the chart, BTC is showing a price structure quite similar to late 2021—right after reaching its ATH around 69k before a major downturn.
🔁 If history repeats itself, the upcoming market conditions could turn bearish.
Currently, price has retested the moving average zone and is beginning to show a negative reaction.
⏳ This is a phase where traders should remain cautious—avoid FOMO, stay calm, and wait for clear confirmation signals.
📲 I’ll continue to post updates as soon as stronger signals emerge.
Looking at the chart, BTC is showing a price structure quite similar to late 2021—right after reaching its ATH around 69k before a major downturn.
🔁 If history repeats itself, the upcoming market conditions could turn bearish.
Currently, price has retested the moving average zone and is beginning to show a negative reaction.
⏳ This is a phase where traders should remain cautious—avoid FOMO, stay calm, and wait for clear confirmation signals.
📲 I’ll continue to post updates as soon as stronger signals emerge.
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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.