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BITCOIN HAS FAILED THIS TREND LINE TWICE ALREADY. First fail: -31.57%. Second fail: -21.36%. Third touch right now. Moment of truth. Fail again = another leg down. Recovery doesn't start for 3 months. $BTC
38,542 views • 2 months ago •via X (Twitter)
20 Comments

Sir there are so many videos on YouTube explaining how to draw trend lines.

time to short $BTC 🚀

Oops, the amount of ppl you fooled you fool..

🤣🤣🤣🤣

confirmation still needs a decisive break and sustained volume

Two clean rejections off the same line is a real signal. That part deserves respect. Where I sit differently: a third touch this obvious rarely resolves the way the first two did. Once everyone is positioned for the same break, the tape stops cooperating. The chart gives you the level. It does not give you the outcome. I am watching how price reacts to the retest, not predicting the retest.

flipping me bullish at the touch would be a daily close above the last lower high around 67k

Not gonna lie, the third test looks pretty uncomfortable

Third touch means we're either getting the breakout or the breakdown. History says watch out.

Wrong

Yeah that’s the big one. Third test on that trend line. Break down = more pain. Hold = flips bullish. High stakes touch right here.

Dont get short squeezed

This time is the time to buckle up

Smashed through

你们这群老外不会相信一个不说话的人吧

yeah but a third touch this obvious rarely plays out the same way tbh

$BTC H4 possible #Harmonic Bearish #CRAB

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Third touch is definitely worth watching but two failed breaks don't guarantee a third rejection. If BTC finally breaks through with real spot volume, that pattern gets invalidated pretty quickly.

confirmation matters more than fear
