Bitcoin's recent breakdown through key support levels has sparked serious debate about where the market is headed next. Some analysts are sounding the alarm on a potential bear market scenario—pointing to price action that suggests real weakness in the structure. The critical question isn't whether we're seeing weakness, but rather how deep it could go if the downside continues. If these support levels don't hold, we could be looking at a much more challenging environment for traders and investors alike. What's your take? Do you see the conditions lining up for a bear market, or are you viewing this as a healthy pullback within a larger uptrend? The technicals will tell the story.
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ProtocolRebel
· 01-12 10:23
Still discussing after breaking the level? It should have been smashed already and bought earlier.
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CommunityWorker
· 01-11 20:53
If it breaks out of the level, it just breaks out of the level. Anyway, I've already bottomed out a few times, haha.
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StablecoinSkeptic
· 01-11 20:46
Still studying the technicals after breaking down? I've been bearish for a while, just waiting for Bitcoin to keep dropping.
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MoneyBurnerSociety
· 01-11 20:36
Cough cough, my "King of Negative Alpha" is about to fail again in the review... Last time, I directly took the liquidation price as the target price during the bottom-fishing wave. This time, I got scared when I saw the breakdown level, haha.
Bitcoin's recent breakdown through key support levels has sparked serious debate about where the market is headed next. Some analysts are sounding the alarm on a potential bear market scenario—pointing to price action that suggests real weakness in the structure. The critical question isn't whether we're seeing weakness, but rather how deep it could go if the downside continues. If these support levels don't hold, we could be looking at a much more challenging environment for traders and investors alike. What's your take? Do you see the conditions lining up for a bear market, or are you viewing this as a healthy pullback within a larger uptrend? The technicals will tell the story.