BTC is clinging to $60K. The head-and-shoulders pattern that analysts have been warning about for two weeks just confirmed. $60K is back in focus.
Fear and Greed at 24. Sixth consecutive week of ETF outflows totalling $5.94B. ETH Foundation cutting staff. CLARITY Act timeline uncertain. Bears firmly in control per every technical indicator I’m looking at.
Strategy bought 520 BTC this week. Strive bought 759 BTC at $65,850 average. Polkadot and XRP ecosystems are the only green sectors in the market. The 200-week moving average at $62,457 has held every cycle low since 2015. Prediction market volume crossed $2B — real adoption happening in real time regardless of price.
I’ve been posting about this market for months and I keep coming back to the same honest conclusion.
The price action and the fundamental adoption story are the most disconnected they’ve been since early 2023. In 2023 that disconnection resolved upward violently once macro cleared.
I don’t know when macro clears this time. But I know what the data says about what usually happens when it does.
Staying patient. Watching $60K. Trusting the process. DYOR!!
Fear and Greed at 24. Sixth consecutive week of ETF outflows totalling $5.94B. ETH Foundation cutting staff. CLARITY Act timeline uncertain. Bears firmly in control per every technical indicator I’m looking at.
Strategy bought 520 BTC this week. Strive bought 759 BTC at $65,850 average. Polkadot and XRP ecosystems are the only green sectors in the market. The 200-week moving average at $62,457 has held every cycle low since 2015. Prediction market volume crossed $2B — real adoption happening in real time regardless of price.
I’ve been posting about this market for months and I keep coming back to the same honest conclusion.
The price action and the fundamental adoption story are the most disconnected they’ve been since early 2023. In 2023 that disconnection resolved upward violently once macro cleared.
I don’t know when macro clears this time. But I know what the data says about what usually happens when it does.
Staying patient. Watching $60K. Trusting the process. DYOR!!