As mentioned in my previous idea, BTC has been in a bear set up. The recent rally to 25k saw the price testing the top of the channel which has been rejected as expected. I simply could not find enough bullish sentiment to expect the price to break up out of this channel and start a a new bull run, even if many others were convinced otherwise. At this moment BTC is forming a massive bear flag, which indicates a breakdown to 10k or below is very likely in the coming months. Of course this is merely speculation, anyone telling you they know the exact future direction of the market with a 100% certainty is lying to you. As always, this is not financial advice or a trading signal. DYR!
