Bitcoin has been stuck in a downtrend for nearly three months now, which is pretty stark when you look at how other asset classes have been rallying hard. Feels inevitable that BTC will break out eventually—it's just a matter of timing.
Here's what needs to happen: a decisive close above the 20-day moving average. That's the key level to watch. Once that cracks, momentum should follow. Keep an eye on next week—we could be testing that resistance zone pretty soon. If the breakout happens, it could signal a shift in the near-term trajectory.
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StakeOrRegret
· 21h ago
Being trapped for three months, what’s the point of talking about a guaranteed breakout? We'll have to wait until next month then.
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NFTHoarder
· 21h ago
Still consolidating after three months, it feels like this time it's really going to take off.
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TokenVelocity
· 21h ago
It's been three months of falling, how can it be so resilient...
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SnapshotStriker
· 21h ago
Three months and you're still here messing around, I've already lost my patience.
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OPsychology
· 21h ago
Still struggling after three months? Oh my, I'm almost falling asleep waiting.
Bitcoin has been stuck in a downtrend for nearly three months now, which is pretty stark when you look at how other asset classes have been rallying hard. Feels inevitable that BTC will break out eventually—it's just a matter of timing.
Here's what needs to happen: a decisive close above the 20-day moving average. That's the key level to watch. Once that cracks, momentum should follow. Keep an eye on next week—we could be testing that resistance zone pretty soon. If the breakout happens, it could signal a shift in the near-term trajectory.