A reminder for everyone watching the current Bitcoin downtrend: Many people are now claiming that a reversal must happen soon, that liquidity below has already been taken and the only direction left is up. They insist this is the perfect time to go long and that the bottom is forming around $60k. Be careful. In my view, 99% of the people making these calls are either chasing engagement, selling a narrative, or trying to get others positioned before a move is actually confirmed. A trend reversal is not something you predict because you want it to happen. It needs to be completed and confirmed by price action. My expectation remains unchanged: the real bottom is likely to form in October, and it could be far below what most market participants currently expect. Traditional indicators may become less reliable as ETF-driven flows and leverage distort normal market behavior. I still see a potential capitulation zone around $25k–$30k before a sustainable long-term bottom is established. Not financial advice. Stay objective and don’t let social media convince you that a bottom is in simply because everyone wants it to be. #BTC

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