The Verdict
My Verdict on the Bitcoin Moment
What we have in favor:
✅ Selling pressure has decreased
✅ ETFs have slowed outflows
✅ Technical levels are being tested
✅ VanEck sees localized bottom formation
What we have against:
⚠️ Spot demand has not appeared
⚠️ Open Interest is still falling
⚠️ Capital is migrating to international markets
⚠️ Low implied volatility indicates a lack of conviction
My view: We are in a "not-buying-nor-selling" zone until the breakout. The range US$ 67k-71k is the battleground. Whoever breaks first takes it.
Until then, patience and tight stops.
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