The only time in history when a Bullish Breakout above the Realized Short-Term Holder Price at the start of a new Bull Cycle fully retraced was in the Summer of 2015 ๐ง
So, bitcoin:native broke above the Short-Term Holder Realized Price. And itโs different from the Mayโs fake breakout/bull trap.
This time itโs a clear bullish breakout, similar to the one we had in January 2023
$BTC is testing the 50-Week MA ๐
Back in November we broke below this MA confirming the Bear Market.
Now weโre testing it, as we always do in the beginning of a 3-year Bull Market
Iโm expecting a rejection here and a 10-15% correction.
Bears still have enough time to fight
$BTC 1D chart
I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. However, I will have to turn 100% bullish on December 1st.
Until then I'm gonna watch, maybe we'll just print a Higher Low in the next 2 months
$BTC aggressively broke above the MA200 & EMA200 on the daily. That's a huge wake-up call for the bears
In 2018 & 2022 such a violent pump above the key MAs confirmed the end of the Bear Market ๐ปโ
๐ญ I question myself: Do we have enough time to retrace this pump before the
$BTC aggressively broke above the MA200 & EMA200 on the daily. That's a huge wake-up call for the bears
In 2018 & 2022 such a violent pump above the key MAs confirmed the end of the Bear Market ๐ปโ
๐ญ I question myself: Do we have enough time to retrace this pump before the
It amazes me that there are some people who think that this ($126k -> $58k) was not a bear market, that it was just a pullback before the real bull run. $BTC
Yeah, just a pullback. -54% from the top ๐
Definitely not a bear market ๐ฅด
What if $58k was the Bear Market bottom?
Well, then it was the first Bear Market in history when $BTC didn't reach the CVDD ($49k) ๐ค
Damn, $BTC didn't even touch the Realized price ($52.7k) this time!
Previously, $BTC spent quite a some time below it during bear markets ๐คทโโ๏ธ
What if $58k was the Bear Market bottom?
Well, then it was the first Bear Market in history when $BTC didn't reach the CVDD ($49k) ๐ค
Damn, $BTC didn't even touch the Realized price ($52.7k) this time!
Previously, $BTC spent quite a some time below it during bear markets ๐คทโโ๏ธ
Some bearish copium for you guys
This $BTC pump is so strong and sudden that it only reminds me of the Xi pump in October 2019
โ๏ธ I'm not saying it will play out exactly like that, but we should be aware of what's possible in this market
Hey everyone we're hosting a sale of 4 personal items as my uncle transitions to a care facility, requiring significant downsizing.
Golf cart $2500
Kubota tractor mower $3000
Open trailer $1500
2017 Honda pioneer sxs 700-4 $2500
Iโm not disappointed just because Iowa is in this situation. Iโm disappointed because womenโs basketball is finally in the spotlight, and this entire game has been a disaster. The NCAA should be embarrassed - itโs unfortunate for the sport and these women; they deserve better.
Caitlin Clark has a lot more patience and class than I do cause I canโt say I wouldโve kept my composure like she did!! @CaitlinClark22 way to be a great role model for little girls!!