TonyTheBullSeverino
TonyTheBullSeverino
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TonyTheBullSeverino

Crypto
Commodity
Stock

Chartered Market Technician. Cycles, crowds, psychology. I don’t predict — I observe structure. Less noise. More signal.

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Joined on 15th November 2024

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WARNING: Bitcoin is Losing Long-Term Uptrend Channel


This is using the BTC CME chart just because its cleaner, but the channel can be drawn on any BTC chart


Losing such a major long-term channel and uptrend line can be pretty nasty


Per Hurst Cycle Theory, this could be the the breakdown of a VTL that tells us we can start to prepare for a cyclical low to be in


It would still take up to a few months, but it is getting closer and closer