Crypto King

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[Mister Crypto @misterrcrypto]

BITCOIN IS TESTING THE UNDERSIDE OF ITS OWN TRENDLINE.

The line that held price up all through July just broke, and now Bitcoin is climbing back up to test it from below.

This is the moment that matters. When old support flips to resistance, the retest tells you which side is really in control.

Price is $64,467, pressing right into the line.

If it gets rejected here, that is a lower high and the sellers keep the upper hand.

If it reclaims the line, the breakdown was a fakeout.

Same level, two very different outcomes.

[Quinten | 048.eth @QuintenFrancois]

Bitcoin cycle bottom is extremely close

[TechDev @TechDev_52]

Oh boy.

[Ted @TedPillows]

$BTC price and RSI still have room to grow.

Summer Rally.

[Ted @TedPillows]

$SOL at $80 is similar to SOL at $40 in 2022.

IMO, the last flush hasn't happened yet.

[Mister Crypto @misterrcrypto]

People who ignored Bitcoin in 2015 wished they had bought it.

People who ignored Bitcoin in 2018 wished they had bought it.

People who ignored Bitcoin in 2022 wished they had bought it.

One day, people will look back at this cycle the same way.

History has a habit of repeating.

[Michaël van de Poppe @CryptoMichNL]

On another note: $BTC dominance continues to fall.

I don't think we'll see a new high on the Bitcoin dominance and I'm expecting this one to continue to go down.

[Cheds Trading @BigCheds]

$BTC approaching lowest weekly RSI in history

[Ted @TedPillows]

Crypto MCap is still 20%-30% dump away from the cycle bottom.

The fractal looks pretty similar to the last cycle, so keep an eye on it.

[Buy Dip Crypto @buydipcrypto]

#BTC still trading inside a clear descending channel.

• Multiple break of structure to the downside
• Currently, inside wave 4
• Channel resistance still holding
Unless we break this structure, lower targets remain open.
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$BTC

[Crypto King @MrMarketV]

@buydipcrypto Liquidity below 0.19 is obvious

[Ash Crypto @AshCrypto]

Some hopium for Bitcoin

We should see a strong bounce if $60k holds, which is also a weekly 200 MA support.

I’m hoping for a relief rally to $80k.

[Mister Crypto @misterrcrypto]

Bitcoin is setting up a bullish divergence on MACD.

A big reversal is coming!

[Ted @TedPillows]

$BTC is now in a time-based capitulation zone.

This could take 5-9 months before this phase ends and a new uptrend starts.

[More Crypto Online @Morecryptoonl]

$VIRTUAL: A break above $0.68 is needed for a first signal that a low has formed in wave ii/b.

[TechDev @TechDev_52]

The record long pre-parabolic phase may finally be nearing its end.

[Raoul Pal @RaoulGMI]

So it appears crypto markets liquidated anyone with greed and now want to grind down anyone with hope 🤣😭

Yup, it's been frustrating and this grind is longer than expected but it is what it is and this too shall pass and the spice (liquidity) must flow.

Don't Fuck This Up.

[DefiLlama.com @DefiLlama]

Now tracking @etherfuse on @solana

Stablebonds by Etherfuse are tokenized real-world assets backed by government-issued bonds from stable economies such as the USA, Mexico, and the European Union

[Lark Davis @LarkDavis]

Every single time the US government shutdown has ended, the markets have pumped hard.

Will history repeat itself?

h/t @MichaelNaussCMT