BTC will soon touch the daily downward trend line, breaking through the downward trend line means that demand is relatively increasing or supply is weakening. You can see past market conditions in situations like this.


In 2021, breaking through after 114 days, it opened the second phase of the bullish market.
In 2022, for 328 days, there was consolidation and horizontal breakout; then, the FTX event caused a shakeout/clearing and extreme position cleaning, forming the starting point of the bullish market in the form of a “golden hole”.
In 2025, for 82 days, TACO broke through, opening the second phase of the bullish market.
In 2026, currently, it has been ongoing for 185 days, and changes are happening slowly.
BTC0.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin