BTC is down 50%+ from top
Bad news won’t send it down
Consensus is that it’s a failed asset class
And orderflow shows that traders are still trying to short the next break-down
If we don’t go up from 60ks it’s truly dead
Miners dumped and pivoted to AI
War broke out (Iran known to mine and use BTC)
Exchanges shutting down
Treasury companies sold
>50% of supply at a loss
Long-term HODL'ers at ATHs
Sitting on 200WMA
IYKYK
I believe SpaceX could be the catalyst that brings energy back into the crypto market.
Similar to what Wall Street Bets and Roaring Kitty did when they brought retail back into the market and turned it into a movement.
Crypto needs that kind of moment again.
Not just another pump.
A real spark that gets people excited, brings attention back, and reminds everyone why this market can move harder than anything else.
Best and worst patterns for Breakouts
What you WANT:
- A slow, grinding staircase pattern approaching resistance.
- Each candle makes incremental progress.
- Higher lows are stacking up.
- Controlled, deliberate movement.
What you DON’T want:
- A fast vertical spike into resistance.
- Price shoots up in one or two large candles.
- After a spike, buyers' strength is depleted and price typically consolidates or reverses.
- This is exhaustion, not momentum.
↓
@exitliquid1ty hone your process, results are simply a byproduct of having a good process & strong work ethic, so as long as markets exist you'll be able to make it back if you're focused
$BTC
Currently at extremely key levels. Monthly trend + 2025 low + Pre trump ATH
We are forming a 5th consecutive red candle without a bounce. Timeline getting comfy throwing outrageous targets like 30k.
I'd like bottom to form somewhere b/w here or worst case 68-69k.
We pray
115k $BTC → "this dip is a gift"
105k $BTC → "this is the final shakeout"
95k $BTC → "this is a strong support level"
85k $BTC → "this is a healthy bull market pullback"
75k $BTC → "this is why risk management is so important guys, hope you all took profit on the way up"