We tapped below $60k today 😀— lowest since Oct 2024 — but still no daily close below after a sharp COVID-style selloff. RSI deeply oversold and held around the 1.618 from the 2017 cycle peak.
Weekend/Monday could stay choppy, but most aggressive downside pressure looks to be slowing. Bears/market makers probably need a run to ~$68k before another serious flush attempt. We’ll see in the coming days.
Price is right in the realized holder zone where LTH/STH balance often supports. Power law models flashing bottom quantiles. Dip-buying talk is rising — bears showing early signs of fatigue.
ISM Manufacturing at 54 (May), steady expansion above 50. This can last much much longer and is great for all markets.
Tons of equity capital sidelined and can rotate at any given time — QT ended Dec ’25, easing the prior liquidity drain.
Still bullish into summer. Watching how markets digest the Space X IPO and Warsh’s signals at his first FOMC in two weeks — his SpaceX/crypto holdings lean dovish/innovative. I think the new regime will be a suprise to most.
A healthy pre-midterm pullback could set up a cleaner Q4 - 2027+ run to new ATHs. Ideally, most geopolitical issues are mostly resolved by/after midterms. Clearing the runway for a calmer period in markets. By then oil/inflation scares should be lower and the AI train losing some steam after several large IPOs.
Using this time to stack more $BTC, $LTC, and $DOGE.
Still bullish @BuckyBonkFun and @fartcoinbase
Keep the faith📈🐂
Well, I did warn that Zcash ($ZEC) was developed from technology originating at Tel Aviv University, involved a venture-funded private company that charged a 15% founders’ tax on mining, had prominent Zionist investors such as Barry Silbert, and relied on assurances from Zionists such as Peter Todd that the keys had been destroyed.
Based on those factors, I viewed it as a questionable Mossad honeypot.
You can search my history for warnings about this one.
[ $LTC ]
Another touch of the macro diagonal. This forced wasn't been able to break it down. Which would be a very positive sign.
Now the main objective is reclaiming the lows of the range and judging from the diagonal, if it does, it comes very soon.
If this is a success, then we have 1W bullish divergences formed and it leaves the bottoming range into a reversal.
GM Bulls!!! I did a space and gave my thoughts on the market several weeks ago. Nothing has changed. bitcoin:native PA on lower timeframe is not important, macro environment is saying higher.
They’re trying to fud your bags before a major move in the coming weeks.
See below!
Carl Jung was right when he wrote that if a man does not face his shadow by age 35 he will not improve. He will calcify. His defense will become his personality.