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Kri
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#Bitcoin is bearish ? BTC was trading inside a massive range in the previous cycle. The price broke out above the range high, but it turned out to be a fakeout followed by a long bear market. In 2024, the price has broken out above the range high again and has been consolidating above the same level for the past few months, which it failed to hold in the previous cycle (2021). As long as $60,000 holds, this still looks like a consolidation phase before another leg up. Bull market consolidations are not bearish.
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Strong roots, long route, strung suit. Even if a country owned all the hash power, they can truly only use it honestly to make money or project power through cyber space. few understand this. #Bitcoin
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