LiqSyphon

Whale killer. Hunting simps behind jpegs

[Ardi @ArdiNSC]

$BTC

One of the more interesting patterns I've found from backtesting 8.5 years of Bitcoin data is how often the monthly high or low is established during the first 10 days of the month.

Over 102 monthly candles:

• 42.2% printed their monthly high in the first 10 days.
• 45.1% printed their monthly low in the first 10 days.

Both are materially higher than the 33.3% you'd expect if highs and lows were randomly distributed throughout the month.

Even more interesting, every one of the last five months has established its monthly high or low within the first 10 days.

That makes the first third of July particularly important.

If this range is going to produce another capitulation flush, history suggests there's a higher-than-random probability it happens early in the month.

Likewise, if BTC spends the first 10 days defending support and setting the monthly low, then the probability of a stronger second half of July begins increasing.

[Abier @abierkhatib]

Remember when Diana DeGette told a pro-Palestinian constituent to not vote for her in the primary.

Well, the ugly witc lost her seat.
Congratulations to Denver DSA's Melat Kiros for defeating Diana DeGette in the Colorado primary.

[Abier @abierkhatib]

😂 bloody brilliant

[Clemente @clementetv_]

A serious message to anyone that bought TJR’s memecoin

[The Resonance @Partisan_12]

His answer made her face even uglier.

[The SCIF @TheSCIF]

Advocates for the NIH somehow got access to the MKULTRA hearing and got absolutely SLAUGHTERED by @RepEliCrane for the horrific lies and years of torture people experienced from COVID and vaccine deaths by the NHI who funded it and lied to the American people.

This is so satisfying to hear coming from members of Congress because it's the TRUTH.

[Asuka Groyper 🚬 @asukagrypr]

Nick Fuentes says that the US is running out of oil, while Trump is making posts on Truth Social blaming gas stations.

"People are starting to notice that US oil reserves are running dangerously low, like so low that it's going to damage the infrastructure."

[LiqSyphon @LiquidSyphon]

@cryptojourneyrs It’s just another celebrity token

[Rodney @cryptojourneyrs]

Coin Bureau CALLS OUT $ANSEM 🚨😬

Are they calling it a scam?

Why are people hating on this token? 🤔

[T @annssttt]

SOME PEOPLE SIMPLY AREN’T MEANT TO BE HUNTERS 😭😭😭

[DEGEN NEWS @DegenerateNews]

NEW: @chooserich SAYS HE “RUGGED” A TOKEN AFTER BEING SENT 60% OF ITS SUPPLY

“JUST STRAIGHT UP NUKED THE CHART”

“MAYBE I’LL BUY SOME JEWELLERY”

“FUCK THOSE PEOPLE”

[だいちゃん @dadaichchann]

味方の隠れ方おもろすぎるw
#めっちゃカメレオン

[Comrade Misty is Putin’s Buddy @SarcasmStardust]

This bitch really is insufferable. Out here whining about a fucking tshirt while Israel bombs several countries.

[HatsOff @HatsOffff]

Journalist Ana Kasparian to Lebanon: ‘Your bitch prime minister sold you out!’

[The General @GeneralMCNews]

BREAKING: The United States House has rejected Thomas Massie’s amendment to stop the integration of the United States military with Israel’s under Section 219 (formerly Section 224) of the NDAA.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Crypto Clarity Act no longer projected to be signed into law this year.

[🐜 @looovelorn]

i’m fully delusional bc i believe i could escape with ease but the second she got to the pit of nothingness i would’ve fully had a panic attack and let that mf kill me bc heights are something i won’t do

[Flash.Trade | Perps on Solana @FlashTrade]

@inmortalcrypto June 2023

[Ardi @ArdiNSC]

$BTC

For the first time, BTC is currently testing the highest monthly close from the previous cycle top.

We never saw that happen in either the 2018 or 2022 bear markets.

In those cycles, BTC never came back to test the highest monthly closes from the 2014 or 2017 cycle tops.

So, I think July is going play quite a large role in shaping the rest of this bear market.

This is a reasonable area to see monthly support hold and produce some counter-trend action.

Apart from the 2021 cycle top, this region also acted as a major base throughout 2024 before BTC eventually rallied toward $126K.

Therefore, we have a considerable amount of historical price action and liquidity sitting at this level.

If we continue following prior bear market behaviour, July has typically been where the final Q3 relief rally begins before the latter stages of the bear market.

The ideal scenario would be a wick below this monthly support into the mid-$50Ks, setting the monthly low for July, before reclaiming the level and closing the month green.

That would fit the historical pattern almost perfectly.

But if July continues the downtrend and closes below this pivot, then we're looking at something structurally very different.

BTC would be losing a monthly support level it has never had to defend before, while also breaking the historical pattern of the mid-cycle rally beginning in that period.

That would be one of the most bearish structural developments we've seen this cycle.

And in my opinion, it would open the door to testing the boundaries of $50K and below.