Some smart people say, that bitcoin bear market is in full effect and that a bounce doesn't end a bear market. So the bulls, still have work to regain control and confirm a long-term reversal. So this is the chart with technical analysis, that bitcoin will drop:
But does technical analysis work in crypto? Ask yourself, if you do technical analysis for a lottery ticket, will you know the lucky combination? The price will probably go down, but not because of the TA, but because everyone is expecting bitcoin for 3000 USD. What do you think?
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