23d • Mark's Market Analysis
BTC Bear Market?
I'd say yeah, second weekly market structure break incoming, unless we see some ridiculous u-turn. Added the line chart for clearer visuals, but listen to what price is telling you, and now it's to realise profits before you're sunk.
Daily downtrend is intact (third image), at most you could see a push back to 100k, but for now, its not the best for longs, despite my earlier thesis.
HOWEVER! It's not all doom and gloom! The final image is the area where I'd look at buying BTC aggressively again, keep stacking long term, as the man Mr Saylor commands! (Fifth image) 🤣👌
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BTC Bear Market?
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