Bitcoin To Break A Macro Downtrend Which Indicates New Cash InFlow


Bitcoin to break a macro downtrend sooner of later, as the king crypto trades close to the $25,000 price mark. On twitter the crypto analyst Rekt capital says that we should be observant that the king crypto bitcoin will break its trend soon.

What does this movement means for bitcoin is it’s able to break the trend it indicates that there is a new macro money flow into the blockchain. In all this the price point in which the king crypto has to break as said by the crypto analyst is $24,755 which he indicates that as bitcoin range will flip the script.

He continued in saying that BTC is below the Macro Downtrend resistance but the way the Downtrend is constructed, breakout price point will be ~$23,400 next month.So if BTC holds these highs or even just stays above ~$23,400 heading into April.It will register a technical breakout.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.

3 columns
2 columns
1 column
1 Comment