Bitcoin is currently rebounding along the same long-term trendline that has previously marked all the significant lows.
BTC is currently at:
• Multi-year uptrend line support
• 2021 all-time high support level
This multi-year trendline has previously supported:
– 2018 cycle bottom
– March 2020 COVID-19 crash
– 2022 bear market bottom
– 2026 crash?
Each time the price tests this trendline, it marks a bottom for Bitcoin.
Will this time be different? 🤔