The 4-year Bitcoin cycle just died, and no one noticed.
🪦 $BTC 🪦 Crypto-Twitter exploded, calling October 6 the peak of the cycle. An eighty-four percent crash is coming. Bear market confirmed. We are folding up. Only mathematics says that they are catastrophically wrong. Every indicator that predicted the peaks of 2013, 2017, and 2021 is silent.
Elon Musk called for the liquidation of the European Union.
🙄👈 "The EU needs to be liquidated, and sovereignty returned to individual countries so that governments can better represent their people," he wrote on X. Interestingly, yesterday the EU fined Musk's social network X 120 million euros for violating EU laws.
$BTC Accumulation by whales is strengthening, as shown by Glassnode. The trends of Bitcoin accumulation are nearing their peak, signaling massive purchases by whales and institutions.
According to LookOnChain, the whale bought altcoins for 13.9 million dollars. He added to his bags $ETH , $LINK , ENA, UNI, ONDO, $AAVE , as well as bought PENDLE, CRV, ENS, AERO.
🟡$BTC analysis of the current BTC price dynamics at $89,418 (down 3.29% today): key levels to watch:
support: - $85-86K – immediate support zone - $80-82K – main accumulation zone where, according to Larry Fink, sovereign funds were buying and where we saw significant whale activity (3,805 BTC/$350 million purchased, Matrixport withdrew 5,805 BTC/$468 million from Binance)