Warning: Is Bitcoin Mirroring the 2014 Bear Market?
Analyst Rekt Capital is sounding the alarm. $BTC is currently consolidating under a macro triangle base - a pattern seen right before the 2014 collapse.
The Ceiling: $82,500.
The Risk: If history repeats, this rally is a "bull trap" before a deeper macro downside.
The Bottom: We might need one more major consolidation period at lower levels to find the true floor.
$BTC is at $74,700 right now. Is this a breather before $100k or the start of a winter? ❄️