So far #Bitcoin never had in its history more than 6 Weekly Bearish candles in a row and that was twice in 2014.
At the moment it has finished 8th and currently printing 9th
honestly, I wish Powell would just rip the band-aid and crash it to zero, then snapshot the November balances and we start fresh - they aren't thinking outside the box #falconswaps
How do you feel about #Cryptocrash?
1. Terrified
2. Never cared
3. Happy to buy the dip
4. Sad about your money 💸
Share your thoughts in comments 😉
#falcons#falconSwaps
📈 #Bitcoin $BTC Amount of Supply Last Active 1w-1m (1d MA) just reached a 1-month high of 926,440.497 BTC
Previous 1-month high of 920,144.071 BTC was observed on 22 April 2022
View metric:
https://t.co/juyjKMGLlJ…

#Bitcoin is in a textbook Wyckoff reaccumulation / bull flag right now. The next step is a jump across the creek. Ethereum is in a disguised bubble, compared to Bitcoin. Also see the structural similarities with Nasdaq dotcom bubble #Falconswaps
Final #altseason in 2022 👊👊
Above & Below ⌛️
Stage 5/
- Once new liquidity from breakout traders is absorbed, the price goes on to retest the previous support
- This is where breakout traders have their Stop Losses
- Willing selling liquidity is absorbed
- Now we wait for reclaim and retest
$BTC / $USD - Update
This my simply cheat sheet for #Bitcoin over the next few months. One more drop into the 200 EMA and to deviate below, followed by the relief rally.
We will not know whether we have bottomed or not until later this year, so this is why i ladder in
#Bitcoin is in a textbook Wyckoff reaccumulation / bull flag right now. The next step is a jump across the creek. Ethereum is in a disguised bubble, compared to Bitcoin. Also see the structural similarities with Nasdaq dotcom bubble #Falconswaps
Final #altseason in 2022 👊👊
#Bitcoin#Btc#Crypto
$Btc 1d - Everyone waiting for Spx, Nasdaq & Btc capitulation! Perhaps we've already seen it on tech & Crypto! (orange arrow). Perhaps we're going to see 200WMA test and a bottoming summer! Bullish on Q3/Q4 after summer of accumulation!
Not sure whether we'll be getting that test going around $28.4K, but this is a scenario where I'd be looking at.
Crucial bullish breaker is $30.2K.
Overall, expecting continuation towards $32.8K for #Bitcoin .
Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.