$BTC
Why I'm turning bearish macro wise all of a sudden? Let's be clear, 30% corrections are normal in the bull market, but here are the 4 primary reasons I flipped bearish macro wise
1. #Bitcoin closed a weekly candle below 50W EMA
2. Historically, the top should've occurred between September and November. Curve-ball this time was that everyone was expecting some sort of alt season and euphoria so that we are sure that the top happened. This time this didn't happen. This was the trap I fell into as well, I believed we were forming a bearish patterns for everyone to short, so that we could just liquidate everyone and go to $150k+.
3. Bitcoin showed a very weak ATH breaks and tried to break ATH 3 times and the highs were $123k, $124.5k and $126k. It's what I like to call a "Banana top"
4. Bitcoin has made a complex Head and Shoulder pattern which already broke on the downside. This is the strongest pattern for a trend reversal.
I believe we will bounce in a 100k-112k range within next month and I believe a small alt season will spark from this, because alts are oversold.
Dominance is holding well, but this is because Bitcoins cap decreased (because the price has dropped), but stablecoin market cap is the same.
I still believe that $BTC.D will fall in the future and that alts are oversold, but I don't plan on holding onto any altcoins if I believe Bitcoin is in a bear market. This could mean that you have more Bitcoin, but your dollar amount is basically the same or lower (if BTC drops 50% and your alts go up 50%, you are still down).
The market always throws curveballs at you and this time I believe this was the one: "Altseason is near, but Bitcoin is in shambles just hold on a little longer!" So people just held on and got rekt.
I believe that anyone that believes Bitcoin will reach new ATH in 2026 is making a very big mistake.
This is how I will be trading Bitcoin in the following months. My orders at 90k have been filled. If Dominance doesn't drop on the next Bitcoin bounce I will be exiting all of my altcoin positions as well.
This get invalidated if we somehow break ATH this year.
You guys seriously think this is the end of the bear market?
Yep, down 50% from ATH, that's it, time for new highs?
Nah. Not convincing me. Every bear bottom has been marked with someone going bankrupt or some extremely bad news.
This is simply not it. $BTC
Illia Topuria is still the best and most electric fighters to watch in the UFC at the moment.
I don't care what anyone says: he will learn from this defeat. Especially since he could've finished the job if he was more alert.
Sad how many people like to see you fail.
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@KillaXBT While I think we are going lower. I can't blame anyone buying BTC at 60k.
You will be in a profit within next 2 years. It's almost guaranteed.
People talking shit about this will likely get far far worse entry once we eventually start going up. Reality.
I'm a big $ZEC whale and hold 18M Zcash. Why is there 4mil zcash in Binance that I can buy as well?
I see that max supply of it is 21M also.
I'm a little bit stupid as you can see (ZEC holder), but isn't 18M + 4M a number larger than max supply.
How is that possible?
Not saying I'm right all the time.
I'm the first to admit when I'm wrong, but I've been pretty accurate in the last 6 months.
Who warned you about $ZEC multiple times?
@TaikiMaeda2 There's a path where $ZEC goesndown 90+% and rekts all of you.
Why would you buy this trash that went up over 10x in one of the hardesr bear markets for alts.
Especially since $XMR is only crypto actually used for privacy