CryptoFrog 🐸@CryptoFrogCalls
$BTC price action is playing out EXACTLY as we expected… 👀
The other day, I posted about Bitcoin’s price action following EXTREMELY closely to that of the 2022 bear market. In the post, I explained how there was strong manipulation to the upside before heading lower during this exact same phase of the last bear market, which led me to believe we were likely to see the same thing play out this time around.
And as we can see now, price has headed STRAIGHT into resistance at 72–74k after a non news related short squeeze (aka market manipulation) just like I expected. Now it’s a matter of watching to see if price BREAKS THROUGH that extremely strong resistance or rejects. If we reject, we will likely see price start heading toward new lows like we did in 2022, but if we break out, price could rally into the high 70s before finding more resistance.
This is an EXTREMELY important inflection point in the markets, which will decide the next big move in Bitcoin’s price action. Keep a very close eye on these charts… 🤝