🚨 Bitcoin Warning Alert 🚨
Veteran trader Michael XBT, known for calling the $15K Bitcoin bottom, has turned bearish on BTC.
📉 He warns that a critical support level on a decade-long wedge pattern is being tested and believes a breakdown could trigger a significant sell-off.
🔻 Michael also points to bear flag resistance and suggests that signs of market capitulation are already emerging.
Despite Bitcoin trading nearly 47% below its peak, many investors continue to view the current correction as a long-term buying opportunity.
What's your take — deeper correction ahead or a prime accumulation zone? 👇
#bitcoin #BTC #Write2Earn NFA and #DYOR🟢