$BTC
Probably gonna close a boring close this week
Overall still looks good, a range after a move from $16k to $100k is one of the more bullish things you can get
That said as long as it hasn't reclaimed the midpoint ($98k), a revisit of range low ($90k) is possible
$BTC update
That's the range low test done, this is still nothing out of the ordinary
Close above the range low and I'd think we're in for a bounce next week
Still think most sane play is just waiting for a reclaim of $100k and full yeet into the market it if it does
Sell off ruined the squeeze bailing out Bybit
Bunch of people are arguing that they already "bought" all of it given they're collateralized again
Afaik they just got loans (that presumably they will have to repay) but would be happy to be corrected on this if wrong
This cycle more than any other relies on the American stock markets to do well
Crypto has thrown its hat in the ring supporting Trump and closely aligning itself with him for better or worse
Sad really, I preferred when we didn't trade an extension of the stock market
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