SPI shows big players building $BTC positions down here while others sell.
Same pattern shows up every cycle this year. Possible range for weeks, maybe a couple months.
Details in the video. Seeing the same?
noting that date, July 17.
catalysts like this tend to mark local tops more than launchpads. fits my read of a move into the range highs first, then watch for distribution
possible exit liquidity, classic sell the news
@KillaXBT clean pattern. though I'd bet it mostly holds in a downtrend like this. Monday pivot into selloff is a bear-phase tell
in a real uptrend that same window tends to flip, dips get bought instead. would be interesting to actually run the stat across both phases
SPI shows big players building $BTC positions down here while others sell.
Same pattern shows up every cycle this year. Possible range for weeks, maybe a couple months.
Details in the video. Seeing the same?
played out as expected โ 6/7 #T17Record
one more VFlow 60d retest first wouldn't surprise me, but it's not a must. main path is still the move up toward the SPI range highs from the pinned post
๐ notice what's missing on this latest leg
no big whale spot orders, just normal-sized flow. historically the large spot buyers tended to show up before solid rallies, and right now that signature isn't printing
so the read holds. range out the current SPI zone first (pinned), then I think one more leg down into 48-55K
@exitpumpBTC holding up well for that much selling tbh. if spot is dumping nonstop and price barely moves, that's absorption more than weakness
I lean bounce over breakdown from here
๐ $BTC pulled back into VFlow 60d after tagging the range high
I lean it holds. the level that capped price as resistance should now flip to support. could see a bit more downside into it first, then the bounce
what gives it weight: it lines up with the POC of the SPI accumulation range, where big players first started building
if it doesn't hold, 60K opens up next, down toward the 30d VFlow
๐ $BTC pulled back into VFlow 60d after tagging the range high
I lean it holds. the level that capped price as resistance should now flip to support. could see a bit more downside into it first, then the bounce
what gives it weight: it lines up with the POC of the SPI accumulation range, where big players first started building
if it doesn't hold, 60K opens up next, down toward the 30d VFlow
๐ $BTC pulled back into VFlow 60d after tagging the range high
I lean it holds. the level that capped price as resistance should now flip to support. could see a bit more downside into it first, then the bounce
what gives it weight: it lines up with the POC of the SPI accumulation range, where big players first started building
if it doesn't hold, 60K opens up next, down toward the 30d VFlow
SPI shows big players building $BTC positions down here while others sell.
Same pattern shows up every cycle this year. Possible range for weeks, maybe a couple months.
Details in the video. Seeing the same?
@Pentosh1 yeah, most people never will. and the gap that opens up is going to be huge, not just between individuals but between whole nations. the ones that adopt early and the ones that don't
$SPCX just pulled off the biggest IPO ever. up ~40% from its offer price in a few days
here's the part the green candles hide: every major tech IPO of the last decade drew down between 39% and 90% at some point after listing. not some. every one
up now doesn't mean up in 6 months. will $SPCX be the exception?
you never go broke taking profits