$BTC This is the third bear flag for Bitcoin in this cycle.

The odds are leaning more towards a downward breakout.

1. A sell-off down to 55K is very likely to happen.

2. Even a flush down to 47K is still a possibility. It doesn't necessarily have to occur.

Bitcoin could still rebound in the coming months and provide some relief at some point.

But the real $BTC cycle bottom is still pointing towards later this year.

BTC
BTC
63,369.99
+0.92%

#EUCryptoAMLRules2027BansPrivacyCoins #LitecoinNodesLagOnDoubleSpendPatch #BlackRockIBIT75%InvestorsNewToETFs #SenatorsAdvanceCLARITYActTowardFloorVote #AxelarBridgeHack$4.67M