bitcoin:native
I wish I had time to make a full video on this today, because this chart is way more interesting than the price action feels.
For anyone who wants to have a little Wyckoff nerd session with me, here’s what I keep staring at.
The first trip to 60k was panic. This one looks more like much more like an interrogation.
Back in February, once BTC lost the prior range, it basically went from the low 80s into the 60k zone in about five days. Big spread, big volume, ugly candles. That was not a calm test, it was a liquidation.
That flush created the stopping action, then the automatic rally, and eventually the push all the way back to 82k. Normal behavior until then. Then supply came in again.
But this time, getting from 82k back into that same 60k zone took 26 days, not five. Seeing 2-3x more time taken is fairly normal at times, but this 5x the time to travel the same path.
Even the lower pocket tells a different story. In February, 67k to 60k was basically one violent candle. In early June, that same pocket took about three days, still normal, but now we’re roughly 11 days into working through that same lower zone again.
And look at the volume, that’s the part that makes this chart a head scratcher. Where is the volume? 👀
When price returns to the same area slower, on lighter volume, and sellers are getting less downside progress for the effort, that can be an absorption clue. It can mean a lot of the forced supply already came out on the first flush.
But slower is not automatically bullish. Sometimes slower means absorption. Sometimes slower just means sellers are distributing into weak demand because buyers are not strong enough to force a real reaction. That is the whole question here.
Is price slowing down because sellers are running out of force, or because buyers still have no urgency?
That’s why I’m not pretending this is some clean bull read. It isn’t. BTC is sitting at the lows. The bounce to 67k was weak. Demand has not shown up in any impressive way yet. But I also can’t ignore the difference in character.
February was liquidation. This is a test.
When you’re testing a major level (level of interest), rule one is simple... There better be a reaction.
So far, this time, we don’t really have one.
Bulls need some kind of spring / SFP behavior into the weekly close, then they need to start taking back. some horizontal levels. Above 67k, the conversation gets much more interesting.
Until then, this is a fascinating chart sitting right on the edge.
Maybe sellers are running out of force. If so, buyers now have to prove they exist.
Or maybe sellers are running out of force, while buyers are scared that the narratives around MSTR & STRC are true. Maybe sellers just need a news event to fuel a next leg lower.
Either way, I find this BTC range to be one of the more interesting in recent history. If you stuck around, thanks for nerding out with me.
The rich tell you the planet is burning so they can transform society into their technocratic AI-digital centralised control system that includes the technology (like ionosphere heating) to make you think it is burning (together with media-weather hype). Those that fall for this then blame the rich for the warming that the rich are selling and demand that everything is imposed that the rich have wanted imposed all along.
It’s called ‘mind control’. It's not a 'class war'' so much as a belief-system 'war' - a war on your perception.
🚨 BOMBSHELL EXPOSURE: Leaked video of Mark Zuckerberg where he warned his Facebook execs NOT TO GET VACCINATED with the mRNA (COVID) vaccines because "we don't know the long-term side effects of modifying people's DNA & RNA"
He censored doctors, scientists, and the sick who denounced the ‘Vaccines"
FOLLOW ME, THE NEXT DROP WILL BE SHOCKING.
2 weeks ago Oliver Tree EXPOSED that after he cut ties with Atlantic Records the Illuminati reached out to him and they wanted him to sign a CONTRACT WITH BL**D 🩸👀. He declined and they thre*tened him and told him that he will D*E soon😳😳
“They told me if I’m not signing the contract I’ve 2 Weeks left…”
I recorded this 4 days ago when BTC was still sitting at support and the chart looked ugly.
Since then, price has bounced nicely.
The point of the video was not “bottom is in.”
It was the question that mattered at the time:
Was this support area the start of accumulation, or just redistribution before another leg lower?
I walked through the Wyckoff read, the value area, the key reclaim levels, and what bulls needed to prove.
So far, they’ve started doing some of that work.
Still a lot left to prove, but this is exactly why I wanted to map both sides instead of getting stuck in one narrative.
Holding the low kept the accumulation idea alive.
Reclaiming value was the next step.
Now the question is how much structure bulls can actually build from here.
Check out the video and enjoy!
https://t.co/en6Kee7FtK
Brazilian legend Ronaldo Nazário drops a bombshell:
'What is happening in Gaza is not a war... it is a systematic extermination of a people trapped in a cage.'
'The silence of the world is frightening... and staying silent about this brutality is a moral failure.'
'I will not be silent... I will never be silent. I stand with Gaza.' 🔥🇧🇷🇵🇸"
🚨 | Luca Cordero di Montezemolo on the new Ferrari Luce:
"If I said what I really think, I'd harm Ferrari. We're risking the destruction of a myth, I'm very sorry about that. I hope they at least remove the Prancing Horse from that car"
🚨🚨Mientras tanto se filtró un video de Mark Zuckerberg donde le decía a sus ejecutivos de Facebook que NO SE VACUNARAN con las vacunas de ARNm (C0VID) porque "no conocemos los efectos secundarios a largo plazo de modificar el ADN y el ARN de las personas" 😳
Luego censuraba a médicos científicos y enfermos que denunciaban las "Vacunas" GEN0CIDAS 🔥
🔴 Görüntüler ABD'den. Gökyüzünden genetiği değiştirilmiş keneler kutular halinde çiftliklerin üzerine bırakılıyor. ABD'li sosyal medya kullanıcıları videoları paylaşmaya başladı.
🇨🇳 | En el año 2011, el entonces emprendedor, Lei Jun, se dedicaba a vender en la calle y nadie le hacía caso, hoy, Lei es dueño de Xiaomi, y formó parte de la reunión mas importante del año, junto con Donald Trump, Xi Jinping y tomándose selfies con Elon Musk.
Absoluto Cine 🚬
It’s strange how many people feel trapped right now.
Not poor. Not hopeless. Just trapped.
But look around.
You can learn almost anything for free.
You can start with almost nothing.
You can build in public.
Sell to strangers.
Find people who think like you.
Change your mind.
Change your work.
Change your life.
That would have sounded insane to most of human history and somehow the loudest message now is still that you can’t get ahead.
I don’t buy it.
The gap is real. But the ladders are real too.
The mistake is staring at the gap so long you forget to climb.
When someone else rises, it should remind you what’s possible.
Instead, too often, people are taught to resent it.
People rarely admit they’re envious. They just find better words for it.
It stops asking, “What can I build?”
And starts asking, “Why do they have more?”
That question feels righteous for a minute. Then it quietly kills your agency.
The world is not perfectly fair. It never was. But it has never been this open either.
Once you see the ladders again, life feels different.
You stop waiting for permission. You stop needing the world to be perfectly equal before you begin.
You just start climbing.
Bitcoin is now poised to test the 200-day EMA/SMA for the first time in 184 days.
This area matters, but not because the 200s are magic.
Because after price stays stretched away from them for that long, the move into them is often the easier mean-reversion trade.
What comes next is usually the harder part.
In past cycles, Bitcoin has often spent 20, 50, even 100+ days chopping, traversing, and faking out around this zone before the next cleaner move revealed itself.
Historically, Bitcoin often does not just tap this area and cleanly move on. It tends to spend time negotiating around it. Occasionally, price bursts straight through. Sometimes it rejects fast. But more often than not, this area becomes a high-timeframe decision zone.
That’s why I look at the 200-day EMA + 200 SMA less as two lines and more as a zone the market has to prove itself in.
A lot of the time, this area turns into a real battle zone, where sharp moves, fakeouts, squeezes, and repeated traversals can all show up before the market finally reveals its hand.
The touch gets attention.
The behavior around it is the real signal.
CHEMOTHERAPY:
Over $100K a year.
Extends survival by a few months… or shortens it.
Destroys the body.
IVERMECTIN + MEBENDAZOLE:
Few grand a year or less.
84.4% clinical benefit in first real-world cancer study.
Doesn’t destroy the body.
Why is this not front-page news?