$BTC Pretty standard bear market stuff on the Simple Bands so far!



Break below the mid-line, retest as resistance (orange arrow), and pause halfway to the cycle bottom band which is where we are now.

The cycle bottom band price is 46k and is typically hit twice.
BTC-1.94%
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HotAirBalloonCrossingMountains
· 07-16 06:06
After touching the cycle bottom twice, will history repeat itself?
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GovernanceMoodboard
· 07-15 23:35
These bands are drawn just like they’re straight out of a textbook—let’s see whether 46k will give them face or not.
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ForkingDrama
· 07-14 07:55
A typical bearish-market cycle: wait for the second bottom
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ColdStorage
· 07-14 07:49
46k double-bottom playbook? You’d better weather this wave first.
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TheTreeInTheCenterOfMistValley
· 07-14 07:41
Already halfway on the way to the bottom band, getting ready to pull the pin
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TidepoolQuant
· 07-14 07:40
Mid-line breaks below and turns resistance—same old trick.
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