BTCUSD: The most overlooked trendline. Pay attention.BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin is about to turne bearish again on its 1W technical outlook (RSI = 46.092, MACD = -4358.200, ADX = 30.943) as it got rejected on its 1D MA200. The price however isn't only pulling back from that level but also from the highly overlooked pivot (P1) trendline that in the past 5 years has marked critical Tops and Bottoms as designated by the circles. As long as it holds, the technical target is the 1W MA350 (TP = 50,000) where the 2022 Bear Cycle bottomed. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##