Bitcoin first broke below a double top.

Then it broke below its major uptrend line (red).

Backtested uptrend line first.
Now backtesting the double top.

Crucial territory here and not out of the woods. Could be forming a little double top here as it backtests the larger double top.

If the stock market goes down, all the concerns return about the liquidity and counter party risk in the digital currency arena that took down a lot of players months ago.

I’m not buying, and if I owned, I personally would be selling now to take profits or cut my losses.

The only digital currencies they’re going to allow are CBDC’s in the future.

Bitcoin, etc I believe were created to be destroyed. Created to prove the platform and the idea for the Central Bank Digital Currencies which will probably be commodity and gold backed after the coming intentional collapse.