History shows:
When GOLD tops > Bitcoin bottoms
and starts the parabolic run
We witnessed this in 2020, and we are on the verge of repeating this again in 2025.
I refuse to believe we’re starting a bear market when most altcoin charts look like this.
Bear market start in euphoria
Bull market start in pessimism
They won’t trick me.
$ETH is doing exactly what $BTC did in 2024.
During the August crash, people said it was over for Bitcoin.
After last week's crash, people are saying it's over for Ethereum.
I guess bears are about to learn a painful lesson
Bullish.
$10,420,000,000 in shorts will get liquidated if $BTC pumps 10%.
$3,790,000,000 in longs will get liquidated if Bitcoin dumps 10%.
Which way do you think BTC will move?
The Bull Market Is Over
My trigger for a full exit has been the same for years: a break in daily structure on the TOTAL market cap.
Every time we’ve seen a clear rejection followed by a lower low on the daily chart, it has marked the end of the bull cycle.
This time is no different.
The $3.66T level, which was the foundation of the move to new all-time highs, has not only been obliterated by the API-outage wick, but just days later, the market confirmed the reversal with a daily close below it.
I know none of the classic cycle-top indicators have flashed yet — not even the MVRV-Z score, which is one of the main signals I’ve set out to follow
But I simply can’t go against my own framework.
Here’s what I believe is next: we’re likely to chop sideways or drift lower for a while, building up liquidity. Then we’ll get one final push into the bearish daily order block around ~$4.17T, likely before November 30th.
At that point, euphoria will take over CT.
Everyone will feel rich again, and the timeline will be flooded with calls for new all-time highs
That’s when I’ll sell the rest of my holdings and go heavy short — after I see confirmation on lower timeframes.
When the bottom finally comes, probably within the next 2 weeks I’ll long it and ride that wave all the way up, then exit while everyone else is still drunk on price action.
I hope I’m wrong and we break through to new all-time highs and beyond.
I’ve broken down all the details in a new video on the 100XClub YouTube channel — watch it.
This chart perfectly illustrates why sentiment is bearish/tired even though $BTC still above $100k
A basket of the top 50 altcoins now trading BELOW where they were post-FTX crash in 2022