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 lottery ticket, will you know the lucky combination? So I think, this is way better analysis of bitcoin future price:
What do you think?
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