Everyone expects Bitcoin to go lower, but will it?!

Currently bitcoin is at a very interesting spot.

It's been in more than a year long downtrend and right now bumping up against a support line that's been in place since 2019.

The line below is rounding out but you can see the support from the 2019 lows...

Check it out:

(Source: https://twitter.com/StockmoneyL/status/1599004885424304128/photo/1)

Bitcoin is currently at an interesting inflection point.

At some point it will break that downtrend and when it does it will move up hard.

The only question is whether that time is now or whether it needs to first go down to $12k, $10k, or even $8k like many seem to think...

Personally, I just know that markets tend to not do what everyone is expecting, so if everyone is calling for $10k, it's probably not coming.