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BTC Potential Bear Trap, no call yet
$BTC
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Would be better for it to pull back a bit, to at least mid 90k’s in my opinion, else we risk looking a bit 2021ish, quicker blow off top
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BITCoin dominance on the monthly, still no definitive signs of reversal, facts show acceleration Still bullish on ETH/BTC as I think it has beaten the rest of the alts to the range bottom against BTC (as always) and SUI/BTC (+ eco defi) as it’s just been outperforming BTC this cycle. SOL/BTC… I’m not 100% convinced yet. ADABTC … def no. XRP/BTC … hmmm. HBAR/BTC at critical decision point New ATHs coming this week. Hearing 111-114k.$BTC
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Entire crypto MC less stables against BTC, suggests if alts don’t bounce off this point here then alts can take yet another 25/30% hit against BTC pairings and altseason may be taking bookings from early next year or even as late as 2027 : (TOTAL 2 -USDC - USDT)/BTC$BTC #SaylorBTCPurchase
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Anyone up for a cuppa Tea(se) ? Forming on the daily and starting on the weekly. Potential measured move shown, reasonable target for last leg up, lines up with some other things, don’t look at this too long if you’re tripping on psychedelics
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Another $320 million ETF inflows yesterday and Saylor bagged a bunch of 5 figure BTC 2 days before for $1,4billion… the score Blackrock 621k BTC and Strategy 568,8k BTC (although on Arkham it only shows 330k). As long as these two continue to have at it … we’re gucci. They stop… the crash will probably be the worst we’ve ever seen #ETF
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