$BTC is coiling inside a symmetrical triangle. This isn’t directional yet...it’s pure compression. Break above $69,000 and we unlock expansion back to BMSB at $86K. The move out of this range will be violent (which ever way)
Inflation just came in below 0.8% this morning... > Which gives the FED more room to ease policy. > Historically, that’s when risk assets start to trend higher. June can’t come quick enough.
$BTC is back at "the cost of production". Since 2015, this level has marked the floor. 2019 broke it briefly...84 days and then ripped. The cost of production is currently $62,450. Closer to the bottom than you think.
Coinbase Premium just flipped POSITIVE after weeks of persistent discount for $BTC Demand is stepping back in while price is still compressed between 60-70k. This is showing early stages of reversal...if I was a bear I'd be scared rn.
Others vs $BTC After 4 YEARS of bleed… The MACD just flipped BULLISH for the first time since the 2022 bottom. Compression complete ✅ The rotation into alts won’t be gentle.
USDT just printed the same liquidity flush we saw at the $16K bitcoin bottom. - Back then it felt like the end. - It was actually the reset. Careful betting against that setup twice 📈
I’ve just dropped another $25,000 into #ETH at $1,800. - Oversold. - Institutional adoption accelerating. - Ethereum is the backbone of stablecoins & DeFi. $ETH is going to $20,000 over the next 5 years. And you can’t stop it.
Markets are green… even with war headlines everywhere. - They dumped on fear, then pumped on confirmation. - That tells you sellers are exhausted. When bad news can’t push price down… it usually goes up🚀
$OTHERS is testing the same trendline that sparked "ALT SZN" in 2021 and the 2023 expansion. When this finally plays out again, I will be insufferable.