🚨THE NEXT DIP OF #BITCOIN TO $50K WILL BE BRUTAL!
I warned you they would reject us from $83K again
Now this bullish trap is almost finished—let’s retest the $70K support and then move toward new lows to form the macro bottom
The important part is that nothing has changed in the higher timeframe framework
#BTC still hasn’t managed to break the main resistance, and the whole move from $60K to $80K is starting to look like another lower high
There’s still a huge amount of liquidity sitting below $70K and $60K
The cycle timing is still bearish, and we still haven’t seen the real fear or capitulation that normally comes with a final bottom
I hope #BTC loses $70K and moves back to the lower part of the range
If $60K breaks too, that’s where the real capitulation should start
My final bottom zone is still around $50K
The bounce made everyone turn bullish again
Now comes the part nobody is prepared for
So make sure you follow me and turn on notifications
I warned you they would reject us from $83K again
Now this bullish trap is almost finished—let’s retest the $70K support and then move toward new lows to form the macro bottom
The important part is that nothing has changed in the higher timeframe framework
#BTC still hasn’t managed to break the main resistance, and the whole move from $60K to $80K is starting to look like another lower high
There’s still a huge amount of liquidity sitting below $70K and $60K
The cycle timing is still bearish, and we still haven’t seen the real fear or capitulation that normally comes with a final bottom
I hope #BTC loses $70K and moves back to the lower part of the range
If $60K breaks too, that’s where the real capitulation should start
My final bottom zone is still around $50K
The bounce made everyone turn bullish again
Now comes the part nobody is prepared for
So make sure you follow me and turn on notifications