Aftermath of a Bitcoin Pi Cycle Top

History indicates that unless price holds above the downtrend "45k" bitcoin will top out at 45k. What would follow is a retest of the lower trendline ~24k

Bullish price action above 45k is similar to price holding above $100 in Aug 2013

Yorum:

I think it's 2013 ... it's 2013 again!

Yorum:

The 20% drop yesterday shows that we may soon see a much bigger drop.

BEARISH and waiting for a buying opportunity when Daily RSI gets below 20.