I'M SORRY BUT NOBODY IS TALKING ABOUT WHAT BITCOIN JUST DID.
Multi-year Cup and Handle. Complete.
Breakout. DONE.
Perfect retest. DONE.
Structure confirmed. DONE.
This pattern took years to build.
And nobody noticed.
Cup and Handle breakouts don't move 20%.
They move hundreds of percent.
The retest just finished.
The launch is next.
$220K is the minimum target.
Most people will only find out after it happens.
All you have to do is wait until October 6th this year and buy $BTC.
It’s amazing how many people still try to overthink an asset that has spent years following a remarkably consistent 4-year cycle.
Bitcoin is the matrix. The code is right there in front of everyone.
#Bitcoin Bear Flag Playing Out
Bear in mind that the week has just started and confirmation is still needed.
The current weekly candle could still reverse before the close. Until then, patience is key.
Bitcoin roadmap.
Not because I draw a fractal. Most people misunderstand.
It's because liquidity needs to be swiped.
Bear market rally = designed to fill a fair value gap after an impulsive move down.
Swiping of previous lows follows the same logic.
Few understand.
🚨 I WARNED YOU. RIGHT BEFORE THIS DUMP.
But most people ignored it.
And now the crash is here.
Bitcoin dropped to $70K.
Over $500M in longs wiped out in hours.
Many hope this is just a temporary correction.
But the macro tells a different story:
PPI just jumped to 6%.
The fastest pace since COVID.
That killed any hope of rate cuts.
And to make things worse, Fed Chair Warsh is hawkish:
Higher-for-longer rates and balance sheet shrinkage.
10Y yields above 4.6%. Capital is flowing out of risk assets.
Spot ETF outflows are at historic highs.
The crowd is praying for a quick bounce.
They will be deeply disappointed.
This is just the beginning of the real move down.
Most people will realize it only when it's too late.
For the record: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000.
If you missed those calls, don’t worry. I’ll call the next one too.
Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.
Bitcoin closed May at $73,568
Market is 50/50 on if Febryary $60k was the bottom, or the bear will continue.
IMO data is telling us that we have not seen bottom formation yet, and that there is a >50% probablility that we go lower (below 200wma $61k or realized price $53k).
#Bitcoin Momentum shift? ⏳
The monthly Stochastic RSI is another metric I monitor.
Historically, reclaiming the 20 threshold has coincided with #BTC transitioning out of macro bear phases.
Not a standalone call, but a meaningful piece of the broader puzzle.