Market’s forcing me to drop the bearish bias. Too many signals pointing higher. Risk appetite (IFP) is back - bulls are loading up on leverage, full YOLO. On-chain metrics still says $BTC likely hasn’t fully bottomed… but derivatives are clearly in the driver’s seat now. If there’s any fractal here, this looks like Q2 2021 positioning. Base case: One final flush to $69.300 -> then continuation higher. Target: 88k next. (Last BTC update for now - fully transitioned into TradFi)
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