$OBJKT
Cooling DownSnapshot Window: 2026-08-17 02:30 UTC Β· β Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 7, Retweets: 7, Likes: 27, Impressions: 578
Verbatim Community Citations & Social Evidence 3 source posts analyzed
Iβm NOT shorting $BTC at these levels. Bitcoin is still respecting the ascending channel, and I believe the bigger move comes first. If $BTC pushes into the major trendline and shows a confirmed rejection, thatβs when Iβll start looking for a 20%+ correction. For now, no
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AI visual note: This image displays a Bitcoin (BTC/USD) daily candlestick chart showing price action respecting an ascending channel (highlighted in pink/red) with a descending trendline overhead, where multiple circled points mark historical rejections. A red arrow highlights the current price approaching the major descending trendline resistance near $72,000-$74,000, visually supporting the post's argument that BTC is still bullish within its channel and that shorting would be premature without a confirmed rejection at the overhead trendline.
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