Bitcoin dominance is currently consolidating within a clear channel formation on the weekly timeframe. Traders should watch for a potential breakdown scenario—if price breaks decisively below the channel's lower support boundary, it could signal the first real shift toward downside momentum. Such a break would mark a critical technical inflection point worth monitoring closely.
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TokenomicsTrapper
· 12-20 18:57
lol "critical inflection point" aka classic exit pump pattern brewing. everyone's watching the same channel, which is exactly why it'll break the wrong way. called this months ago when the vesting unlocks were incoming—textbook greater fool theory in action rn.
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RiddleMaster
· 12-20 18:41
Breaking downwards? Just wait and see, it won't be that simple this time.
Bitcoin dominance is currently consolidating within a clear channel formation on the weekly timeframe. Traders should watch for a potential breakdown scenario—if price breaks decisively below the channel's lower support boundary, it could signal the first real shift toward downside momentum. Such a break would mark a critical technical inflection point worth monitoring closely.