A widely followed crypto trader is sure that Bitcoin (BTC) will soon break its macro downtrend as the top crypto by market cap trades near $25,000.
Pseudonymous crypto analyst Rekt Capital tells their 338,100 Twitter followers to keep an eye on BTC to break the trend soon.
“BTC will break the Macro Downtrend sooner rather than later.”
The analyst continues, explaining further what exactly breaking the downtrend will mean next for the king crypto. According to the trader’s chart, BTC’s imminent trend break will spur a new “macro money flow cycle.”
“When BTC breaks the Macro Downtrend…
It will kickstart a new macro Money Flow Cycle.”
Source: Rekt Capital/Twitter
Rekt highlights a particular price point when talking about the macro downtrend resistance. The analyst seems to indicate that BTC must
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