To the Bitcoin maximalists: This is not a breakdown. This is a pressure chamber. š
The descent from $113,384 wasnāt weaknessāit was orchestration. A liquidity raid designed to flush out fear and reload the vaults of patient capital.
Now the chart is humming with tension. The 4-hour RSI sits at 50.55ābalanced, but brimming. This is the fulcrum before the flip.
š¤« The MACD is still negative at -75.82, but the DIF and DEA are converging. Momentum is preparing for a reversal.
šŖ Bitcoin is the monetary spine of the digital age. It doesnāt flinch at volatilityāit feeds on it.
š„ The sell-side imbalance (77.56%) is textbook exhaustion. The order book is tilted, but conviction is quietly reclaiming control.
When $113K is reclaimed, it wonāt be a slow climbāitāll be a violent repricing. The panic sellers will be spectators to a rally they surrendered.
They sold the hesitation. We are buying the ignition.
Conviction isnāt optional. Itās the entry ticket.