🚨 The decline may be delayed, but it is inevitable. Bitcoin has broken through the downtrend line that has held for seven months, but current trading volume is far from sufficient to support a meaningful rally when compared to the volume and price levels at previous cycle lows. Therefore, we believe the bottom has not yet been reached. Looking at liquidity over the past seven days, there is substantial liquidity clustered around $76,000 and in the $69,000–73,000 range. Thus, it would not be surprising to see price rally back toward $76,000 to trigger short liquidations, followed by another decline. #Cryptocurrency