Crypto is dead.
Pumpfun, memecoins, leverage and scammers killed it. Not MiCA or binance.
Shady KOLs turned this space into money laundering casino to exploit followers for living bc they can't trade.
Bitcoin can rally +216% in 2027.
But your -90% alts won't recover.
Move on
I'm sorry bulls.
BTC is now 41% off the 126K top from 10/10.
And it's about to 30th week below the 50-week trend.
Dow Theory calls this Distribution to Panic.
Every rally since the top has been a lower high.
Could 60K from February be the bottom? Unlikely.
Bear bottom confirmation historically prints 30-40% above the cycle low.
For 60K that's 78-84K.
Guess what?
We just came from there.
And bull breakout was rejected.
Not by me.
By the market.
So yeah.
I'd have troubles sleeping at night with longs open.
Agree or disagree?
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