Bitcoin is starting to look dangerous here.
Price just pushed into the 200 EMA again.
Every previous touch led to heavy downside pressure.
The crowd sees breakout momentum.
I see exhaustion building near resistance
@MerlijnTrader Agreed. The dangerous part is that everyone is reading the same move as breakout momentum.
But when BTC is pressing into a major level, whales are moving size, and CT is getting loud again, I start thinking more about exhaustion than continuation
BTC whales are moving, CT is talking about the 750-day post-halving window, and now macro fear headlines are popping up. But what are we getting in position for?
This is exactly the type of setup where every candle gets overanalyzed.
Not calling a top, but the market is clearly looking for a reason to pick a direction and it might’ve found it. Are you aware?
JAPANESE REPORTER: “Why didn't you tell us before you struck Iran?”
TRUMP: “We didn’t tell anyone about it because we wanted surprise. Who knows better about surprise than Japan? Why didn’t you tell me about Pearl Harbor?”
😭💀
@joyrider50@legen_eth How do you propose the law makes her post trades before taking them? You want KOLs to click a button saying “I’m gonna place this now”?
Unrealistic