Is Bitcoin Headed for a Major Pullback ?

il y a 2 heures

⚠️ Disclaimer: This is a beginner-level personal analysis and should not be considered financial advice. Always do your own research before making any decisions.

While the majority are anticipating a bullish breakout, there’s a compelling case for an unexpected downturn. Bitcoin’s current price action shows striking similarities to its July-August behavior, where it hovered near key resistance, failed to break through, and eventually plunged.

At the moment, BTC is once again stuck below crucial resistance levels, and momentum indicators suggest a loss of strength. Despite the widespread optimism, this pattern suggests a more ominous outcome. If history repeats, Bitcoin could break down from its current range and head toward the 50K mark—far lower than what most are expecting.

It might be time to brace for the unexpected: a deep retracement that could catch the entire market off guard.