๐จ BITCOIN IS TESTING A MAJOR MULTI-YEAR TRENDLINE SUPPORT.
The last time BTC bounced from this level, it went on to rally over 900%.
History doesnโt repeat exactly, but it often rhymes.
Will this trendline spark the next massive Bitcoin move? ๐๐
$BTC has 2 decent liquidity clusters right now.
On the upside, there's one sitting around the $74,500-$75,000 level.
On the downside, there's one around $72,000 level.
IMO, Bitcoin will tap the upside liquidity before reversal.
Power law says that Bitcoin is trading at a MASSIVE discount down 45% from fair value.
We are $325,000 away from the upper resistance of the power law and havenโt even spent any time above fair value.
I think thatโs about to change.
Credit: @dotkrueger@bensig
๐ WHALE WATCH: Strategy is not slowing down on this Bitcoin buy pressure.
They just added another 411 $BTC worth over 30 million dollars to their stack.
Every minor dip is getting absorbed by corporate balance sheets.
The long term macro trend remains completely intact.
Are you selling your spot bags to billionaires ?
@NoahRayWrites Itโs so odd to me that those books are being treated as competitors just because they both feature butterflies. The books differ in many ways and each has its merits
@ladyursiedee I remember a clip where Phoebe was having trouble with her horse in the scene with Anthony where she talks about the pressure to find a good match and how thatโs all sheโs been prepared to be. So maybe there was a blooper reel but Iโm not 100% sure