David Bird: BTC downtrend continuation played out

David Bird: BTC downtrend continuation played out
BTC downtrend continuation observed

David Bird commented on the recent trend in BTC, stating that the downtrend continuation has played out.

The tweet highlights before and after scenarios related to BTC price action.

Bird previously recalled making an early call on Bitcoin’s peak in October and facing skepticism when forecasting a decline below $60,000 in front of Strategy’s CEO, as detailed here. He has also discussed significant price movements in individual equities, including his account of acquiring Pilbara Minerals shares at $1.26 before the stock climbed above $6, covered here. These remarks come as Bird continues to share observations on shifts in both crypto and equity markets.

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