Bitcoin: The Week The Dead-Cat Bounce Failed — 4-TF MACD Cascade Reasserts The Bear Cycle
This week's BTC retrospective delivers a brutal lesson: a pre-week SHORT call predicted a 45% bear scenario targeting 60,000, but reality delivered something far more violent. A 1,313-point cascade broke all support, then exploded into a 1,631-point dead-cat bounce — only to collapse another 1,295 points in 24 hours. The 4-timeframe MACD bearish cross cascade has now fully reasserted itself. Saturday closed at 63,919 with the weekly bear trend INTACT. The critical question: will Monday's reaction bounce fade at the 63K resistance, or will it signal that the macro bear cycle has finally exhausted itself at 62,464?
#Bitcoin #Crypto #BTC #Trading #CryptoTrading #TechnicalAnalysis