Sorry, Bulls.
Bitcoin’s last two bear-market bottoms formed between the FIB 0.382 and 0.5 levels.
If history repeats, $BTC could still fall toward $45,000–$50,000.
$BTC is printing the same RSI divergence as the 2022 bottom.
Price is squeezed at 56-64k while RSI and Stoch RSI both print higher lows, so the shakeout under the orange line is the gift before the leg up.
Spring's coiled.
https://t.co/Bi5tsQRxli
#BTC
Bitcoin has reclaimed the $65,000 level after bouncing from support.
The next key test is $65,700.
A clean break above that opens the door to a move towards the major resistance at $67,200.
As long as $64,000 holds, the short-term structure remains constructive.
$ETH Just needs a little push higher against $BTC to see a proper breakout above its down trend channel and Daily 200MA/EMA.
If it can do that, and maintain above the 0.03 ratio, it should be able to keep pushing from there and also push up the ETH ecosystem coins with it. In that case keep an eye on ETH DeFi, Memes etc.
@buydipcrypto so if 66-67 actually flips into a floor on a real close you're long to 70, but a sweep and fail there just hands the bag back to the 60 demand, same shelf that caught us last time?
🚨 EVERY TOP THIS BEAR MARKET HAS BEEN A TRAP.
Same move, four times. Price pushes above the last high, grabs the liquidity sitting there, then dumps.
→ $123,000, then down
→ $94,000, then down
→ $75,000, then down
→ $66,000, right now
Each one looked like a breakout. Each one was bait.
Price is $64,731, sitting just under the fourth trap.
If this plays out like the last three, you already know the direction.
$BTC 2W bullish divergence for the 3rd time in history
It happened in 2015, 2022 and now in 2026
Every time it lead to a major pump, will this time be different? Bitcoin pumped from 57K to 66K just now
There are two strong indications that a market is getting hotter for #Crypto.
1 - The main drivers of the infrastructures are outperforming #Bitcoin.
--> This means that Ethereum needs to outperform vs. BTC, and this can also be that Solana is outperforming BTC.
Both of them are true, as Ethereum is waking up strongly and Solana has already broken a 1-year downtrend.
2 - DEX tokens are outperforming everything else.
--> This means that there's more activity on the chains and therefore, there's more demand for the underlying tokens and that's when you start to see a change in narrative pop up.
That's also true, as $JUP, $JTO, $UNI and other DEX tokens are strongly outperforming everything else.
I do expect to a strong #Altcoin summer.
THIS BITCOIN CHART LOOKS VERY SCARY.
Every cycle, BTC goes through one final panic phase before the real breakout starts.
2018: $19K → $3K
2021: $69K → $15K
While I don’t think we drop this low again, the bottom is probably not in yet.
We're entering the capitulation stage of this chart.
Keep making lower lows, while #bitcoin keeps falling and Gold continues to grind.
The RSI was already the lowest ever and keeps getting lower.
A bounce will be inevitable.
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I have BAD NEWS for the perma bulls.
BTC is still strengthening its bear trend.
Volatility is a key metric used by quants to detect trends.
BTC entered its bear market when vol spiked upwards quickly. Vol then continues to climb, meaning the bear trend is strengthening. Then vol finds a peak in the mid to late phase bear market... that's when the bear trend starts to weaken.
We usually see a second or third smaller peak at the macro bottom, these peaks reflect capitulation.
WHAT THE ACTUAL F*CK?
Altcoin sell pressure has reached its highest level ever.
For 13 consecutive months, alts have been sold non-stop, with net sell volume hitting $209 billion.
$4,600,000,000 in short liquidations if $ETH pumps 20%.
$4,580,000,000 in long liquidations if Ethereum dumps 20%.
Despite a 60% dump from the peak, longs are still aggressive.
Bitcoin price action remains horrendous. Very weak.
After the recent flush out, a natural, sharp counter trend bounce would be expected, but was not forthcoming.
Has to reclaim $72k to even consider a counter-trend move.
Just bear market things.
Coinglass has added a Prime subscription - now you can see liquidation data for the past two years.
Take a look at how many longs are sitting at the $48K level.