Bitcoin's most dangerous chart pattern has just completed its first phase.



$105,000 bull trap: Completed.

Market maker bearish model: Launching.

If this model fully plays out: Before reaching the next all-time high (ATH), BTC will fall to $26,000.

$70,000 is the last line of defense.

Hold $70,000: The bearish scenario is invalidated.

If $70,000 is broken:
BTC-2.83%
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