On 2022-4-21, the BTC price rebounded to below the midpoint of this upward channel and then declined sharply.
Currently, the BTC price is hovering below the midpoint of this upward channel without significant movement.
Is it possible that: BTC simply stalls below the midpoint line and then gradually declines and crashes?
In other words, BTC might not rebound below 94,000 later, but instead gradually decline, like boiling a frog in warm water, followed by a rapid crash! Anything is possible!
It might only rebound to below 92,500 and then decline sharply.
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On 2022-4-21, the BTC price rebounded to below the midpoint of this upward channel and then declined sharply.
Currently, the BTC price is hovering below the midpoint of this upward channel without significant movement.
Is it possible that: BTC simply stalls below the midpoint line and then gradually declines and crashes?
In other words, BTC might not rebound below 94,000 later, but instead gradually decline, like boiling a frog in warm water, followed by a rapid crash! Anything is possible!
It might only rebound to below 92,500 and then decline sharply.