Daily breakdown. Time to worry? 😱


🫨 Everyone finally woke up after the trend broke, yet I’ve been analyzing bullish signals here for months. Now, late FOMO buyers are about to get nervous - they’re effectively becoming the exit liquidity for a correction I’ve been anticipating for a while...
👀 Bitcoin on a Daily :
📉Trendline support broken on the Daily ;
📉RSI breakdown and a confirmed Bearish MACD cross.
$BTC is up ~35% in 3 months; this pullback is mandatory to cool the market and regroup. 🌡❄️
I expect a test of $70,000 as a classic R/S flip. However, we’ll likely wick lower to flush out early longs before the next move. If you're in mid-term positions, it's time to lock profits and wait for a better entry. 🔐
At what price did you enter this move? Or are you still watching from the sidelines? 😅
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