📉Bitcoin has entered yet another correction phase within its long-term rising channel, following the same rhythm we’ve seen in previous cycles.
Each major correction (highlighted in red) has historically been followed by a strong bullish impulsive move from the lower blue trendline, and this time, price is once again testing that key structural support.
🔁If history repeats itself, this could be the final retest before a major rally toward the upper boundary of the channel, potentially aligning with the next cycle’s exponential phase.
Will Bitcoin bounce from this level one more time, or is a deeper correction still on the table? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly
BTCUSDT
Perp
88,492.8
-1.73%