Bitcoin Half-Line Breakdown, Retest Failure — Is It Time to Cut Losses or Buy the Dip?
!!! Warning: This article does not constitute investment advice. Any trading losses are the responsibility of the investor. !!! A Failed Recovery After the Breakdown Bitcoin’s recent price action paints a picture of uncertainty and hesitation. After breaking below the half-line (around 111K) on October 29, the cryptocurrency attempted a recovery on the following day…