Mags

#Bitcoin just flipped the Bear Market Baseline !!

In every cycle, Bitcoin forms a Baseline that acts as crucial support and resistance for the price

In 2015, BTC spent 441 days below the Baseline before breaking out and flipping it into support.

After forming the bear market bottom, when price tested the baseline for the first time, it got rejected.

The price broke out on its second attempt, and the Bull rally started as soon as the Baseline was flipped.

In 2023, BTC just broke out after spending 525 days below the Baseline.

After forming the bear market bottom, price tested the baseline twice and got rejected.

The price broke out on its third attempt, and if History repeats itself, the Bull rally will start soon🤝