Bitcoin has been stuck in a downtrend for nearly three months now, which is pretty stark when you look at how other asset classes have been rallying hard. Feels inevitable that BTC will break out eventually—it's just a matter of timing.
Here's what needs to happen: a decisive close above the 20-day moving average. That's the key level to watch. Once that cracks, momentum should follow. Keep an eye on next week—we could be testing that resistance zone pretty soon. If the breakout happens, it could signal a shift in the near-term trajectory.
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CryptoSurvivor
· 20h ago
Still stuck here after three months, I really can't hold on anymore haha
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BlockchainBrokenPromise
· 12-28 20:30
Still struggling after three months. When will this crappy coin move? Basically, it's about whether it can break through the 20-day moving average hurdle. If it can, there's hope; if not, just keep lying low.
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StakeOrRegret
· 12-27 16:49
Being trapped for three months, what’s the point of talking about a guaranteed breakout? We'll have to wait until next month then.
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NFTHoarder
· 12-27 16:48
Still consolidating after three months, it feels like this time it's really going to take off.
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TokenVelocity
· 12-27 16:47
It's been three months of falling, how can it be so resilient...
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SnapshotStriker
· 12-27 16:46
Three months and you're still here messing around, I've already lost my patience.
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OPsychology
· 12-27 16:31
Still struggling after three months? Oh my, I'm almost falling asleep waiting.
Bitcoin has been stuck in a downtrend for nearly three months now, which is pretty stark when you look at how other asset classes have been rallying hard. Feels inevitable that BTC will break out eventually—it's just a matter of timing.
Here's what needs to happen: a decisive close above the 20-day moving average. That's the key level to watch. Once that cracks, momentum should follow. Keep an eye on next week—we could be testing that resistance zone pretty soon. If the breakout happens, it could signal a shift in the near-term trajectory.