@chrisbupnorth@PhilakoneCrypto It’s called sarcasm. He’s right. From a timing perspective this cannot be the start of a new bull run. When have we ever started a bull run in June?
@jakeglmn What the f*** have I just read!!! Are people really becoming rich with the BS? Why did I even bother studying Chemistry and Biology in the first place??!!!
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Bitcoin hit my first liquidity zone at 80k - time to reassess.
This move mirrors the 2021 bear market rally: initial peak, deep retrace to 50 EMA, second peak attempt before rolling over. That rally was 45%, we're at 37% now with zero volume momentum.
Open interest rising + market maker spot hedging = retail trap setup.
Breaking down the cycle comparison, the M formation on 4H, and where I'm watching for short entries.
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