đšđš Warning Alert đšđš
đšBearish Breakdown Ahead: Bitcoinâs Fall is Imminent!
This is your final warning before a major crash. Bitcoin is poised for a long-term bearish continuation.
đŽ Failed Signal
Bitcoin recently failed to hold above the MA200 in late September. Closing five consecutive sessions below this critical resistance confirms a bearish trend.
đĄ Let Go of the Doubts
Still hoping for Bitcoin to rally? Itâs time to let it go. The odds are stacked against an upward move. Any bullish hope is a waste of timeâsoon, it could even be a waste of money.
đ Bearish Outlook Confirmed
âą DXY is bullishâthis inverse relation with Bitcoin is a strong signal.
âą USDT Dominance (USDT.D) is also rising, another bearish sign for BTC.
âą Geopolitical instability adds pressure to an already weak market.
âą The FEDâs rate cuts historically signal market crashes after extended periods of rising rates.
đłïž Election Year Dynamics
With the U.S. elections approaching, the market tends to remain shaky before turning bullish post-election. Right now, itâs unstable.
đ Major Stocks Decline
All major stocks have peaked and confirmed lower highs, many since July. Global markets have been dropping for over two months, and Bitcoin is following suit.
âł Bitcoinâs Timeline
Bitcoin has been consolidating bearish for nearly 7 months, following its bullish wave from November 2022 to March 2024. Expect the bearish breakdown to happen swiftly and powerfully.
â ïž Warning to Leverage Traders
Over $600M in LONG liquidations occurred recently. Whales are gearing up for even bigger moves. Donât get caught in the waveâstay cautious.
The bearish indicators are clear, and Bitcoin is heading down. Look at the chart, corroborate the data, and act wisely. đ
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