Bitcoin is in a very delicate position right now.

After a continuous daily decline,
it’s starting to move slowly along an "ascending bottom."
The question is—
Is this a bottoming process, or a continuation of the decline?
Currently, it’s right at a critical trend line,
Once it breaks below, the market will directly consider this as a "false support."
Adding to the recent macro and geopolitical uncertainties,
the sentiment is just one bearish candle away from being ignited.
What’s likely to come next isn’t just consolidation,
guess what it might be! #btc