BITCOIN FALLING WEDGE + BULLISH DIVERGENCE.
Closing in on the bear bottom.
It can still flush lower or fake out first.
Divergences take time. 2022 proved it.
I am accumulating spot here.
🩸 THE BITCOIN PATTERN NOBODY WANTS TO ADMIT IS STILL PLAYING OUT.
Green box. Consolidation. Everyone thinks the worst is over.
Red box. Capitulation. New low.
Three cycles of it already.
We just closed another green box.
The red box is next.
The final capitulation before the bottom.
Weak hands sell the flush.
The patient ones wait for it.
Patience will be rewarded.
WARNING: 🚨 BITCOIN MINERS ARE COMPLETELY CAPITULATING.
The difficulty cycle is deep in the red. The same zone where 2015, 2018-19, and 2022 printed their bottoms.
BITCOIN PRICE UPDATE!!!
We are still in the buy zone (green box)
which means that bitcoin:native is CHEAP
good price to DCA in
Trend still bear so more downside likely
Cheap can become cheaper
40-50k possible
But accumulating ANYWHERE in the green box is SMART!
$BTC bottom scenarios I'm prepared for:
200W: $62,024 (You are here now)
250W: $57,747 (Likely to be hit)
300W: $54,091 (Possible)
350W: $47,615 (Unlikely but BIG opportunity)
If Bitcoin drops even lower, I buy more.
But history says it won't.
I have $20,000,000+ in $BTC long limit orders waiting in these zones.
Bitcoin is close to sweeping downside liquidity
$60,350 & $59,000 are the two points of interest if weakness continues
If the price begins to push, the $65,000 region to the upside is the region to watch
BREAKING:
Senator Lummis just issued a direct warning to the banking industry.
"Digital assets are the future of finance."
"Banks can join or get left behind."
The woman who wrote the CLARITY Act.
Telling America's most powerful banks.
Adapt or become irrelevant.
JPMorgan already built on XRP Ledger.
Bank of America appointed a crypto transformation chief.
The banks that fight are losing ground.
The banks that build are gaining it.
The future doesn't wait for the reluctant.
It's over for altcoins and you must understand it NOW.
99,9% of altcoins are useless and will disappear before 2027.
The only crypto we need is Bitcoin.
Nothing more.
🚨 THE MOST POWERFUL BOTTOMING SIGNAL IN $BTC IS ABOUT TO PRINT ON THE WEEKLY!!!
Bullish RSI divergence. Price will make lower lows, RSI refuses to follow.
It's the same exact setup that fired in late 2022. From that signal, $BTC rallied +713% over the following 3 years.
History doesn't repeat. But it sure rhymes.
The bottom is a process. This is the first step.
$ETH has long-side liquidation cluster all the way down to $1,500.
And after that?
Well, there isn't much downside liquidity left to take, and the upside liquidity will start looking attractive.
THE MOST RELIABLE BEAR MARKET BOTTOM SIGNAL IN $BTC JUST ACTIVATED.
Every single bear market low has printed between the 200WMA and the 300WMA.
• 2015: bottomed at 300WMA.
• 2018: bottomed at 200WMA.
• COVID: bottomed at 300WMA.
• 2022: bottomed slightly below the 300WMA.
Current levels: 200WMA: $61,000.
300WMA: $54,000.
We just touched the upper boundary of the historical bottom zone.
History says the next $8K of downside is where the real low usually prints.
Then the cycle resets.
Turn your notifications on, you don't want to miss the bottom.