I'm still skeptical of this pump because we didn't hit the CVDD, even missed the Realized price and the timing is off. π However, I will have to turn 100% bullish on December 1st.
Until then I'm gonna watch, maybe we'll just print a Higher Low in the next 2 months and break out of this giant inverse Head&Shoulders in December-January π
$BTC aggressively broke above the MA200 & EMA200 on the daily. That's a huge wake-up call for the bears
In 2018 & 2022 such a violent pump above the key MAs confirmed the end of the Bear Market π»β
π I question myself: Do we have enough time to retrace this pump before the classic Bear Market runs out of time? And to be honest, it's hard to imagine what should happen to completely retrace this pump by mid October π€·ββοΈ
Maybe this Bear Market could last beyond October, but if there are no new lows by December 1st, I will flip 100% bullish
It amazes me that there are some people who think that this ($126k -> $58k) was not a bear market, that it was just a pullback before the real bull run.
Yeah, just a pullback. -54% from the top π Definitely not a bear market π₯΄
Well, then it was the first Bear Market in history when $BTC didn't reach the CVDD ($49k) π€
Damn, $BTC didn't even touch the Realized price ($52.7k) this time! Previously, $BTC spent quite a some time below it during bear markets π€·ββοΈ
CryptoBullet$BTC Highest daily RSI since November 2024! And weβre facing the 200-Day EMA here π The fact that such a wild pump is happening so late in a bear market is simply incredible
CryptoBullet$BTC | My expectations for the next 2-3 months In July we were close, but we couldn't take out the Juneβs high ($67.3k) It would make sense to grab that liquidity before going lower π (Itβs not necessary, but still possible) + it would be nice to test theβ¦
$BTC Update
Liquidity grabbed β 21-Week EMA hit β As expected π€·ββοΈ
CryptoBullet$ATS hit the Support once again creating a Higher Low, Volume has been constantly increasing for 3 months As long as $ATS holds the Support, it can have a good pump Looking for another retest of the $0.16 Highs