the beauty of having been here across many cycles is that you've seen it all
last bear market:
$FLOKI crashed from $3.5 billion to $40 million amid the most insane FUD any memecoin has ever witnessed, along with the Luna and FTX implosions
$BONK crashed from $200m to $20m and ranged there for months
instead of loading up on the dips, many declared both dead
FLOKI went from the lows back to an ATH of $3.5b — almost a 100x for those who bought the bottom
BONK went from the lows to a $4b+ ATH — a 200x+ ROI for those who bought the bottom
i'm seeing the same setup play out with $USELESS right now
a generational entry at the lows and an inevitable run back to ATHs and multi-billions IMO
say what you will about bear markets, but they present the best opportunities for savvy traders who don't trade based purely on emotions
and i think we're watching that play out in real time with $USELESS
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$BTC has been consolidating in this range for 9 weeks now.
The last 4 sideways moves lasted for 8-15 weeks.
IMO, Bitcoin will break out of this range this month.
And the move will most likely be to the downside.
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$BTC is hovering around the $73,000 level.
A reclaim of the $73,000-$74,000 level could give one final push to Bitcoin.
After that, I'm expecting a reversal to new lows.
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This is really a strange coincidence.
▫️ In Feb 2022, the Russia-Ukraine war started.
▫️ $BTC bottomed on the same day and started going up.
▫️ After 4 weeks, Russia said it could accept Bitcoin as payment for oil and gas exports.
▫️ Markets went euphoric, and BTC pumped above $48,000.
▫️ Soon, BTC peaked and dumped 50% in a few months.
Now, let's compare this with now.
▫️ In Feb 2026, the US-Iran war started.
▫️ BTC bottomed on the same day, and started going up.
▫️ After 4 weeks, Iran said it could accept BTC as toll fees.
▫️ People are getting euphoric again, and maybe this pump could sustain for a few days.
After that, BTC will dump to new lows.
$BTC has 3 CME gaps right now.
On the upside, there's one around $80,000-$82,000 level.
On the downside, there are 2 gaps at $69,500 and $67,200.
Which one do you think Bitcoin will fill first?
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