🌊 Rallies aren't always straight lines


after briefly touching $120K, Bitcoin entered a natural cooling phase. according to QCP Capital, a pullback toward $110K shouldn't be seen as a threat, but rather as a healthy consolidation point for the current rally.


📊 the broader context supports this view. summer often brings lower volumes, and risk assets (including equities and crypto), tend to drift as investors wait for clearer macro signals. the dollar remains weak year-to-date, but any sudden reversal could pressure markets across the board.


despite these factors, QCP remains structurally bullish on $BTC. a correction doesn't mean a reversal, it may simply create the foundation for the next leg up.


⏯ a rally with pauses is still a rally. what matters is the structure that forms in between.

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