BulgingBull

This is more of a personal journal to look back to - Bitcoin Bull at $25k turned Bear at $110k - Believer in Decentralized Ai ($RENDER, $TAO)

[BulgingBull @johnrimming]

$BTC The Bear Market Bottom 🔨

The 0.75-0.786 Fib is located at $39,100-$43,100

That is around a 70% pullback from the cycle top, aligning with the idea of diminishing losses as BTC matures

I think that will be where bitcoin bottoms, and NOT at 60-70k as most are expecting

[BulgingBull @johnrimming]

$BTC Any major capitulation below the 200W SMA $62,000, will be a fantastic long-term buy.

[BulgingBull @johnrimming]

bitcoin:native As we finally tag the 200W SMA, I can’t help but wonder is the bottom actually in?

$62k seems like a good long-term buy, but only if you are willing to lose up to 30% from here

We haven’t had capitulation yet, so Im not too confident in this being the bottom yet

[BulgingBull @johnrimming]

$BTC Just like I said: “lose $74k and visit $62k next”

What a call ✅

[BulgingBull @johnrimming]

$BTC The only support level that matters

Lose $74k and visit $62k next

[BulgingBull @johnrimming]

@0xUnbased @ByzGeneral Missing another 40% crash
BTC will bottom around $39-$43k

[BulgingBull @johnrimming]

@sukaimii How many do you have? They sure are annoying

[BulgingBull @johnrimming]

@benjamincowen Little lower until 62k, then rally up to 85k.
But ~40k by end of year.

[BulgingBull @johnrimming]

$BTC It was simple
“Lose 74k and visit 62k next”

[BulgingBull @johnrimming]

$BTC The only support level that matters

Lose $74k and visit $62k next

[BulgingBull @johnrimming]

@VegetaCrypto1 true 74k level most important s/r

[BulgingBull @johnrimming]

$BTC The only support level that matters

Lose $74k and visit $62k next

[BulgingBull @johnrimming]

@Jesseeckel lol yeah 70k with spx at 7600 now imagine stocks go into a bear market

[BulgingBull @johnrimming]

@TorayKortan No wonder BTC is down 4% today…

[BulgingBull @johnrimming]

$AAVE
10 monthly red candles is brutal…

[BulgingBull @johnrimming]

$TOTAL Total marketcap will bottom around $1.55-$1.65T (green box)

✍️

[BulgingBull @johnrimming]

$TOTAL We have only just broken down and people are calling a bottom…

Total mcap still has 30% to drop to form a bottom

[BulgingBull @johnrimming]

@RaminNasibov

[BulgingBull @johnrimming]

@swans11000 @WillyMacShow 10 days seems unrealistic af and dangerous. 2 days seems to be the only plausible duration and that probably isnt enough for autophagy

[BulgingBull @johnrimming]

@swans11000 @WillyMacShow What kind of fast?

[BulgingBull @johnrimming]

✅

[BulgingBull @johnrimming]

$BTC Looking bearish if it closes under $79,500

[BulgingBull @johnrimming]

$BTC Longer we stay below $74k support, weaker we get.

I can see a quick crash down to 62k in June.

[BulgingBull @johnrimming]

$BTC The only support level that matters

Lose $74k and visit $62k next

[BulgingBull @johnrimming]

$BTC Main support is $74k
If we go below that level, we will crash hard.