$BTC:
I always wondered where this thesis came from that the Bear Market Resistance Bands MUST stop Bitcoin, or that BTC would erase ALL of its July gains in August, some others kept spamming that in Mid years BTC bottoms in October, weird stuff.
Hundreds of people in my replies kept repeating the exact same narrative. So I did what I always do: I analyzed it myself. I found ZERO convincing evidence that these bands were bearish for BTC at these levels, while I clearly said I expected August to be BULLISH rather than bearish and didn’t even waste a minute analyzing the mid term years as the current year is the year of macro tokenization and big change in regulatory aspect including the clarity act.
Unfortunately, these arguments been the main arguments for bears in the last 30 days, and now there is nothing but pure silence from them. I don’t wonder what happened to them, but I wonder why they have been so convinced and so certain that they fully missed out..