$SOMI
SOMI
0.2478
-17.51%
šØ #BITCOIN STRUCTURE SIGNALS MORE DOWNSIDE
$BTC Has Broken Down From A Descending Triangle Structure, Confirming Continued Weakness In Market Structure.
Price Failed To Hold Trendline Support And Momentum Has Shifted Bearish.
This Type Of Breakdown Historically Leads To:
ā Lower Highs
ā Accelerated Sell Pressure
ā Bull Traps For Late Buyers
Most Bulls Are Still Positioned For Upside And Are Not Prepared For Further Volatility.
Until Bitcoin Reclaims Key Resistance And Holds Above It, Risk Remains To The Downside.
Stay Cautious. Protect Capital. š