Following up on Saturday's call:
We said $BTC was sitting at the 200-week moving average — the cycle bedrock.
The weekly close was the real test.
It held. $BTC closed near $61K, bounced, now at $62.8K — 1% above the level.
Not calling the bottom. Just acknowledging the level we've been watching all week mattered. Let's see how the next two weeks play out.
$BTC is sitting almost exactly at its 200-week moving average — the historical cycle bedrock.
Bitcoin has not weekly-closed below this average outside of confirmed bear markets in cycle history.
Weekly close is 24 hours away. This is the cleanest structural test the data has produced this cycle.
🚨💣 BREAKING: Anthony Gordon to Barcelona, here we go! Official bid accepted now by Newcastle board and Saudi owners.
€70m fixed fee plus add-ons to bring final package over €80m for #NUFC.
Gordon set to travel this week for medical and contract signing at FCB. 🔵🔴✈️
You have a full year to install water coolers and earn good deeds. You have a full year to talk about how hard women work day and night.
But you bring all this up during Eid because you are miserable and can't stand seeing others having a good time. Lol
Big buys like this are often done OTC so they don't hit the open market hard. Plus there's usually plenty of sellers willing to offload at current prices, so the volume gets absorbed without a big spike. BitMine's been stacking for a while now, it's more about long-term conviction than instant pumps. Classic crypto: whales buy quietly while everyone else wonders where the move is.
The hardest trade to sit out is the one that works without you.
TON up 23%. NEAR up 32%. Part of you wishes you were in.
But being late to an overextension isn't FOMO clarity, it's just late.
Capital preservation beats chasing.
That's the macro frame today.