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![CryptoBullet1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1134052146800922625.png) CryptoBullet [@CryptoBullet1](/creator/twitter/CryptoBullet1) on x 170.2K followers
Created: 2025-06-29 14:01:34 UTC

$AVAX/BTC 1W chart

We’ve been stuck in this Descending Channel since December 2021

XXX years of ‘Down Only’ against #Bitcoin 📉

One time (Oct-Dec 2023) we had a pretty significant rebound from the Bottom of the channel to its Top. That was an Exit Pump as we got rejected by the Channel’s Resistance & XXXXX Fib 🔨

Here we are again sitting at the Bottom of the Channel, the Sentiment is quite bearish, $Alts are looking terrible, $BTC Dominance is at the cycle top, but I believe in the next few months we’re gonna have another Exit Pump (at least) and reach the Top of the Channel 📈

![](https://pbs.twimg.com/media/Gunb9hcXwAA1y75.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1939323360111948255/c:line.svg)

**Related Topics**
[Sentiment](/topic/sentiment)
[#bitcoin](/topic/#bitcoin)
[$avaxbtc](/topic/$avaxbtc)
[$avax](/topic/$avax)
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[coins defi](/topic/coins-defi)
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[coins bsc](/topic/coins-bsc)

[Post Link](https://x.com/CryptoBullet1/status/1939323360111948255)