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![vik_mittal Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1360771348671438859.png) VikMittal [@vik_mittal](/creator/twitter/vik_mittal) on x 4209 followers
Created: 2025-07-19 22:57:50 UTC

🚨 #Bitcoin just hit a critical 8-year trendline that marked the TOP of previous bull cycles (2017-18 and 2020-21)
After touching $123k+, BTC got rejected hard. This same trendline has triggered multi-month bear markets before.
Two scenarios:
📈 Break above = bullish continuation
📉 Rejection = cycle top is in
Analyst warns: “Consider tightening stops, reducing leverage, or hedging until trendline fate is resolved”
Large buy orders sitting at $114k suggest strong demand, but the technical signal is flashing red flags.
History rhyming? 👀
#BTC #Crypto


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946706071159967751/c:line.svg)

**Related Topics**
[hedging](/topic/hedging)
[$123k](/topic/$123k)
[#bitcoin](/topic/#bitcoin)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/vik_mittal/status/1946706071159967751)