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#BTC# is about to close its 2nd best Q3 ever. And Q4 is historically best-performing quarter.🚀🚀
#BTC# Coinbase sell wall from $89K to $110K
#BTC# Bunch of high leverage around $80K🧐
#BTC# Liquidation Heatmap (24 hour) High leverage liquidity. 🧐 🧲$85.7K 🧲$85.3K 🧲$83K
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#BTC# Each time Bitcoin turned ~$93k into new support, price would rally to at least ~$109k In saying that, I'd be surprised for $93k to get retested into new support this year Reason being is that ~$93k is this cycle's major Four Year Cycle resistance and so revisiting it is a technical feat that has historically taken place in a Pre-Halving year But - stranger things have happened, and they have happened very recently: Since the Macro Downtrend breach, Bitcoin looks to have pretty much confirmed its Bear Market Bottom 33% quicker by standards of history And this earlier bottom has in large part influenced Bitcoin breaking its Macro Downtrend almost 600 days ahead of its usual schedule Which historical price principle is Bitcoin going to invalidate next? $BTC #Bitcoin#
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BTC above that magic $83k level means onchain gets even crazier btw Prepare accordingly
BTC is in a ‘no-trade zone’ for me today… there are more interesting set-ups on altcoins that you can find
BTC $87K is now sitting above every major realized price: • Realized price: $53K • 155-day realized: $72K • 2-year realized: $86K A drop below $53K this cycle is off the table IMO. The “must retest realized price like every prior bear” thesis just lost its last clean setup.
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BTC is finally at the only resistance I deem serious enough to prevent a new ATH Am I changing my positioning? No Am I taking profits? No Am I a retard? Yes I've been calling bears retards since 60k, I think here you can at least make a compelling case I just don't wanna
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