Bitcoin had four great bubbles before the world needed Bitcoin this badly.
Now global debt is exploding, currencies are being weaponized, and governments need more money every year.
Good luck betting against the fifth.
Bitcoin was built for this.
$BTC Summer 2022 vs Summer 2026
50-Week MA is accelerating to the downside 📉
The same negative slope: -45°
Trend remains bearish. The final leg down of the Bear Market is coming 🤫
$BTC followed the projection down to $59K, didn’t even hit $58,350, and sentiment was pure doom. I like it.
Still closing above the fib at $61.3K.
Can we see an H&S breakdown? Sure. But I expect some PA below the neckline, a fakeout, reclaim, and then a relief rally.
Nevertheless, I’ll buy more BTC next week now that I’m back from Málaga. Everything here or below the fib is a steal long term. Hopefully I get a lower entry. Win Win.
Bounce to the low 70s over the next month for Bitcoin would leave the door wide open for momentum plays to keep printing.
Robinhood Chain eco would be a major beneficiary.
Possible what we’ve seen the last week is just a warm up for a mini on chain alt season.
Only one name above $100M mcap and just a few other near $10M.
Tons of upside as long as the broader market stays bullish.
'$ETH monthly RSI hit its most oversold level on record!'
'$ETH monthly RSI just hit extreme oversold!'
Oh really? Okay. Then what about the fact that $ETH monthly RSI has NEVER been in the oversold territory?
👉 The market might be in an oversold condition IF the RSI shows a value of 30 or less on its scale 👈
That has never happened (yet)
$ETH RSI has been making Lower Highs & Lower Lows since 2017, so a descending Parallel Channel would fit well here.
IMO in H2 2026 $ETH RSI will reach oversold level for the first time ever and it will coincide with the bottom of the descending Parallel Channel 👌
Once that final capitulation is done, $ETH will start its multi-year Uptrend 📈
✅ Bullish Trigger - breakout above the MA21
$ETH 1W chart | Big Picture
$ETH has been trading between $1-5k for 5 years now, and I believe this is just one giant Accumulation - Flat Correction (ABC)
My focus now is on this Rising Channel within the giant Accumulation and I think this year $ETH will break the Channel’s Support 📉
That will be the final Capitulation we need to end the Bear Market 🐻❌
My $ETH Downside Target for 2026 hasn’t changed — $1000-1300 (Buy Zone) 📍
It may go even lower and sweep the 2022 low, but I don’t count on that.
🎯 2027-2029 Bull Market Targets: $7.7k - $9.9k - $14k
$BTC
So far so good.
A re-test of 60.4k would be fine. Could also still run that low in red at 59k.
As long as the ~58k consolidation holds as a higher low.
(Or just straight up, doesn't change the trade for me)
Looking for 67.2k and into the H4 imbalance 🍿
$BTC is following the projection perfectly
Revisit and study the initial quoted posts.
A shakeout can still happen, but I’m buying here. And if we get that shakeout between the 1.141 and 1.618 fib levels, I’m buying that too then I’ll enjoy the recovery later.
Stay clean. Stay patient. Let the rest chase noise.
ethereum:native we are now up 110% on our margin longs and we still have some rooom to go! We are free riding as our stops are already at entry
https://t.co/9KoPh4Tuva
$ETH to $3,000+ in August?
In the 2022 bear market:
June - $ETH forma cycle bottom of $881
July to August - ETH rallied 128%.
November - It pulled back but never broke the June low.
So far, this cycle is starting to look similar.
If history repeats and $1,500 is the cycle low for, ETH could rally into August and 128% move from the June bottom would put $ETH around $3,400 in August.
Let’s wait and see how this cycle plays out. Not sure about $3,400 but I think $2400- $2800 is very possible.