Bitcoin: A Smash Move Is Coming
👇1-13) In our February 4 report, with Bitcoin trading near $100,000, we identified a Diamond Top pattern formation and warned of an impending correction.
A break below the critical $95,000 support — our key technical trigger — confirmed the pattern.
👇2-13) By February 25, Bitcoin had not only breached $95,000 but also the short-term holder realized price, triggering a wave of liquidations.
As the technical structure shifted into an ascending broadening wedge, we outlined further downside risk with a target of $73,000.
Bitcoin ultimately fell to $74,400, within less than $1,400 of our projected level.
👇3-13) By April 13, with Bitcoin trading at $85,322, we shifted back to a bullish stance.
Although we did not capture the exact low, the technical setup pointed clearly to a +10% rally.
Having been vocal bears at $95,000 — and bulls from $85,000 — our alpha over Bitcoin during the past two months reached +11%.
It is critical to consistently compound such outperformance, particularly by eliminating the left-tail risks that have historically challenged Bitcoin investors.
This underscores the value of these Market Updates, driven by market structure, on-chain data, technicals, and sentiment analysis.
👇4-13) Bitcoin has rallied back to the $94,000–$95,000 zone — exactly where we expected (see our video) — but has stalled at this critical resistance.
👇5-13) Full report: https://update.10xresearch.com/p/bitcoin-a-smash-move-is-coming
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