Is the Bitcoin Chart Turning Bearish?

Bitcoin Update

BullBear Trading

Sep 08, 2024

I’ve been saying for months that the action in Bitcoin since March has been a sideways consolidation that will eventually lead to a renewal of the long term bull market and a large rally. Recent action may give cause for reflection on this view.

While it’s too soon to declare the bull case dead, bulls do need to buy the recent dip here to prevent the chart from potentially shifting bearish….

https://bullbear.substack.com/p/is-the-bitcoin-chart-turning-bearish