📉 BITCOIN AT A CRITICAL JUNCTURE 📉
⚡ The Line in the Sand:
$BTC is testing a multi-year trend line that has held since 2017. This isn't just any level — it's a cycle-defining support.
🔄 Historical Respect:
This line survived multiple bull/bear cycles… with one famous exception.
🦠 The Covid Flash Crash:
· Price flushed ~25% below the trend.
· Mass panic ensued 😱
· Then came the violent V-reversal ✅
📊 Weekly RSI Hint:
RSI is now scraping levels seen near major pullback lows.
📉 Historically, this appears near the END of aggressive selling, not the start.
Bottom isn’t guaranteed, but the worst may be maturing.
⚠️ If History Rhymes:
A Covid-style breakdown would point toward ~$45K.
This is NOT a target — just a structural reference.
🎯 What Matters Now:
It’s not whether we dip below…
It’s HOW $BTC behaves if we do:
✅ Fast reclaim + strong volume = Likely just a liquidity grab.
❌ Acceptance below + weak bids = A different story.
🧠 The Takeaway:
Watch price action, not just the level.
Smart money isn’t predicting—it’s preparing.
Stay observant. Trade the reaction, not the rumor. 👁️🗨️
#Bitcoin #BTC #Trading #Support #CryptoAnalysis
