Eternel insatisfait
--
#BTC
In 2021, Bitcoin generated almost +100% in the highest overextension beyond the Macro Descending Triangle base
The smallest rebound before breakdown was however ~half of that highest rally (+39%), typical of a weakening support before complete lapse
In this cycle, the highest rally beyond the Macro Descending Triangle base was +52%
If history is to repeat with a relief rebound from current levels, it would likely be the smallest rebound before potential breakdown
And that rally would be ~half of the highest rally (~20%) which would see price reject at the Macro Downtrend (black)
$BTC #Crypto #Bitcoin
In 2021, Bitcoin generated almost +100% in the highest overextension beyond the Macro Descending Triangle base
The smallest rebound before breakdown was however ~half of that highest rally (+39%), typical of a weakening support before complete lapse
In this cycle, the highest rally beyond the Macro Descending Triangle base was +52%
If history is to repeat with a relief rebound from current levels, it would likely be the smallest rebound before potential breakdown
And that rally would be ~half of the highest rally (~20%) which would see price reject at the Macro Downtrend (black)
$BTC #Crypto #Bitcoin
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