MedWellAI Inc (MWAI)

[EliSmith]

The bitcoin uptrend starting around the first of this year has already been broken a couple of weeks ago. This is based on a trend line drawn along the bottom prints of the ensuing uptrend. This is according to basic TA 101. This puts the major trend back into clearer focus which is of course down as the bitcoin bear market continues. One excellent bear market recent example: Did you notice how the major news of the Greyscale legal victory over the sec played out? Shockingly (for many bulls anyway) total lack of explosiveness and the ultra bullish news dead after only one day. Your mention of 24.8k is one of many support zones on the way down. Some will be strong others weak and you can expect one or two really good rallies salted in there. IMO eventually even the most ignorant cannon fodder will understand that the mania is over and has been over for a year and a half now. When almost all these guys give up and the fed reverses course bitcoin will likely start a new bull market but without the mania. In the meantime there should be excellent long and short opportunities along the way as bitcoin remains the greatest trading vehicle ever and in crypto anything can happen.