BTC dominance is dropping. I think maybe we don’t have an alt coin season, money flow will move into established high MC memes. We already seeing it with $pepe, $pnut, $chillguy, $moodeng, etc #BTCBackto100K
My analysis on BTC has always been based on my own technical analyses in combination with logical thinking.
I often times ask myself the question:
"What would I do if I was the market maker?"
The answers to that question combined with my TA which is primarely focused on Wyckoff, I get to the conclusion explained in the MM manipulation playbook.
Lets keep things extremely basic and simple.
In September 2024, BTC confirmed the HTF accumulation model that took a 129 days to develop while having mitigated HTF key demand.
This lead to a breakout and increase in price of 48.47%.
In April 2025, BTC confirmed a HTF accumulation model that took 39 days to develop while frontrunning HTF key demand.
Therefore I have a question right now for all the people who are truly convinced BTC will reach 150K-200K this cycle.
Why would price have a more aggressive breakout than in 2024 when the accumulation is less in duration and demand hasn't been mitigated signaling less overall buying pressure WHILE the asset itself is bigger in size?
In my opinion it is more logical from an expectational standpoint to prepare for distributive price behavior, or in simple terms HTF deviations, and not continuations.
$BTC.D main idea now, will cover this in the weekly market outlook and post to Patreon along with my analysis on $IBIT $USDT.D $BTC and legacy markets.
Bunch of ALTs have inverse H&S pattern, possible targets are 20% 30% higher, if $BTC doesn't nuke I think we see ALTs catch up, especially over the weekend.
Another massive rip for $BTC closing within the golden zone 🏆
Need some consistent PA in here or a rip and close above the .786 fib.
200DMA (now sitting at $90,861) is still my base case as mentioned in my original analysis several weeks ago.
IF this is the start of the PARABOLA, and you have some dry powder, a retest of ATH ~109k and then correction to .786 ~$101k would be your entry, with a SL just below the .618 ~$93k
Exciting to watch either way it goes! This is why you always prepare for both scenarios 🤓 #BTCBackto100K
Bitcoin has rebounded strongly from the support trendline of the ascending broadening wedge pattern and is now facing rejection at the resistance trendline. The Ichimoku Cloud is acting as support, indicating underlying bullish strength.
Bitcoin has rebounded strongly from the support trendline of the ascending broadening wedge pattern and is now facing rejection at the resistance trendline. The Ichimoku Cloud is acting as support, indicating underlying bullish strength.