BTC below February's low at $59,930 now. Lost the $60K level and struggling to reclaim it.
The weekly closed below that support. The framework mapped the deeper zones. We watch and adapt.
No panic. Just structure.
BTC hit $57,800 this morning, now bouncing to $60,094.
Below $60K is where positioning starts. Partial DCA entries, not all-in we're not at capitulation yet and $51.7K is still mapped below.
Buy in pieces on these bounces. Sell into resistance. Keep dry powder for lower levels.👊
2/2
Both recognized AI as a productivity boost, not a job killer. Pragmatism no doomsday narratives.
The message to markets is simple: we're datadependent, inflation is easing, and we're not locked into a path. That kind of flexibility tends to open doors for policy adjustments.
Bitcoin's most famous "unfailing" indicators all broke down: Stock-to-Flow, 4-year halving cycles, 200-week moving averages, Fibonacci extensions.
They failed not because the math was wrong, but because human valuation can't be quantified. Value is subjective, ordinal, born from individual preference in response to scarcity at a specific moment.
Don't build conviction on mathematical models that worked one cycle. That doesn't mean they'll work forever.
Wyckoff and Volume Profile differ because they read the order book itself. Real limit orders placed by real humans adapting to real price changes. The framework follows human behavior, not the reverse. It adapts because it's observing, not predicting.
U.S. payroll data just killed rate hike expectations. Only 57,000 jobs added in June.
Warsh already signaled inflation risks are falling. That dovish tone combined with weak employment puts pressure on the Fed narrative for summer rate hikes.
BTC rebounded to $61,500 on the news. The market is repricing Fed expectations in real time.
The biggest mistake retail makes isn't timing the exact bottom.
It's refusing to buy until they feel completely certain it's the bottom.
By then conviction is gone because the price already moved.
We're at $62100 after touching $57,950. Some of you are waiting for confirmation that never comes.
Structure gives you permission to act before certainty.
The levels we mapped weeks ago $58K, $51.7K, the deeper zones those are your entry thresholds.
Above them you accumulate in pieces. Below them the accumulation accelerates.
That's how you build without needing perfection.
Stop waiting for the exact low. Start positioning at the levels that matter. 👊
Jito launched one of the most generous airdrops in crypto history almost 3 years ago.
Every wallet staking just 2 SOL walked away with at least $15K.
The team behind it just released JTX, a perp DEX launching July 14.
No one knows if another airdrop is coming.
But the waitlist is free. Early access costs nothing. If history repeats, being on the list early matters. Might as well position yourself now before the rush happens.
Waitlist:
https://t.co/dXDoTaJ2yC
The bounce from $57,950 to almost $64K wasn't just algos.
Over $450 million in short liquidations forced bears to cover while open interest sat near the lowest levels of the year.
That's thin fuel for a sustained rally. Meanwhile Strategy dumped 3,588 BTC into the market ($216 million in selling )and the price barely flinched.
Asian tech cratered 6.7% on chip fears. Hormuz attack lifted oil again. Bitcoin shrugged it off.
The real question: does this hold when leverage returns or does the volume dry up the moment shorts finish covering?
The structure says watch the $58K level. That's where the real decision gets made. 👊
Brussels just approved Chat Control despite overwhelming rejection from EU lawmakers.
Digital surveillance infrastructure disguised as child protection. Governments that can't secure their own citizens' data now demand real-time access to private messages. The contradiction is staggering.
They'll call it "safety." They'll justify it with fear. But what they're building is infrastructure for control, not protection. Every private conversation becomes a data point. Every citizen becomes monitored by default.
This is exactly why Bitcoin exists. Some things shouldn't require government approval. Some communication shouldn't be intercepted. Some value shouldn't be frozen by decree.
The surveillance state doesn't announce itself as such. It arrives incrementally, justified by noble intentions. 👊
https://t.co/WrtmiJrgxO
Week started at $58K and closed at $63,973. The 4.2% bounce wasn't driven by crypto news. Trump warnings on Iran hit first, then Asian chip stocks rallied, the yen strengthened, and the dollar weakened.
The crypto market became a passenger in someone else's story. Strategy dumped 3,588 BTC into the move and it barely mattered. Whales accumulated 270K in two weeks while institutions exited via ETFs. This is the divergence that matters: the people who understand Bitcoin longest term are buying. The people who buy on emotion are selling.
Open interest is falling as leverage gets wrung out. The bottom of a bear market always looks different when you're inside it versus when you're looking back. Analysts cite the same on-chain metrics that preceded 2015, 2019, and 2022 bottoms.
But none of that guarantees anything. Watch the $60K level. That's the floor that's held or the one that gets broken. Everything after that is just math. 👊
Bitcoin passed through $62K this week. The Polymarket betting market settled that as 100 percent confirmed on July 6. We're now sitting on a question: does the bounce from $58K to here become a real recovery or is it just another relief rally before the next push lower?
The answer doesn't live in price action. It lives in two things.
First: do ETF flows stabilize this month after bleeding $4.5B in June?
Second: does Warsh's Fed on July 28-29 give any signal that rate cuts could come later this year?
Until one of those two things changes, we're just watching a controlled range. Either way, the framework we've been using stays the same. What's your read?
Middle East escalation is back. Hormuz status is now disputed. Iran says closed. US says open. New attacks. Negotiations going nowhere. Oil will stay volatile this week, and so will equities.
Bitcoin is retesting the range it's held since February. Eight months of macro noise compressed into one number. When the big moves don't break the structure, you know the structure is stronger than the noise.
Fed July 28-29. Hormuz tensions. Inflation data mid-week. The catalysts are stacking. But the framework we've been using still holds. 👊
Lower highs, lower lows.The recent bounces don't change the trend. Until we see a higher high, the downtrend holds.
Daily structure intact: lower highs, lower lows.Recent bounces don't change the trend. We're tracking October lows based on historical patterns and current behavior.
Economic events can trigger rallies or crashes, but they're noise inside an existing structure.Human emotion drives the pattern. The Fed, earnings, geopolitics they're alterations, not causes.
If the structure breaks, we adapt. Until then, the framework holds. 👊
Why Wyckoff methodology?
Markets aren't perfectly liquid. Institutional capital needs time and price ranges to accumulate or distribute large positions. This creates predictable patterns: accumulation zones, breakouts, distribution zones.
It's not magic. It's mechanics.
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5/5
The setup into the weekend:BTC at $79K-$80K first major HVN resistance identified in last week's analysis.
PMI confirming economic slowdown. Jobless claims the labor wildcard.
FOMC Monday-Tuesday. Bitcoin Conference Las Vegas starts Sunday.
CLARITY Act markup window closing.
1/5
BTC fighting $79K-$80K resistance. Indices struggling for new highs. Three macro data points dropping today that tell the real story behind the green https://t.co/0vaK5q6tit's what to watch and why it matters.🧵 #Bitcoin#Macro
1/6
BTC at $78K. New ceasefire announced. Oil below $90. Stock Markets at ATH.
Before calling this a bull market , let's read what the structure actually shows.
Same framework as last week. Updated levels. Same conclusion.🧵 #Bitcoin#Wyckoff👇