Like in every cycle after a long bear market, people are paralyzed by disbelief.
Meanwhile, altcoins have quietly broken out, retested the trendline, and are getting ready to move higher. https://t.co/MLhvk959Bm
Seems like the green range marked here indeed WAS max pain.
Some poor ones out there are still waiting for 40k and 30k and so on.
Just like the ones who waited for 10k after FTX happened.
Bitcoin
This was my original Wyckoff hypothesis.
Learnings and corrections:
- Spring event likely happened in June
- Q4 remains our "pump it back to 100k" timeframe
- BTC is bouncing in a tight range as expected (between 76k and 82k)
Personal buys (publicly announced)
72k
60k
58k
Let's ride this.
Bitcoin
we tapped the first important Fibonacci retracement (and the 4h ema200)
Strong price action. Expect 82k not to fall that easily but it's definitely STRONG!!! https://t.co/nBC4qyJ7Sg