$BTC Here is a take if we are following cycles..
In 2022 on the uptrend
BTC went from 33 to 47 = 42%
Now..
2026 60 to 75 is only 25%
60 to 86 = 42%
Still up before dump💥
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#JELLYJELLY
Bitcoin ETF flows look pretty bad so far.
Not everyone has reported yet, but the numbers we do have aren't exactly encouraging.
BlackRock sold over 1,000 BTC yesterday.
HODL sold another 68 BTC.
Combined ETF flows currently sit at roughly -1,410 BTC.
I know some people are expecting a bounce here, but I don't really see a reason for it yet.
Bitcoin has now spent the last 16+ hours sitting around support without doing much of anything.
Support has been support.
It hasn't been a bounce.
If buyers were stepping in aggressively, I'd expect to see that reflected in price by now.
Instead, spot demand still looks weak and ETF flows aren't helping.
For now, I think lower remains the more likely direction.
$SOL SOL has not even started dropping properly yet, this will drop under $20 in September/October ❌🩸❌🩸
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