For nearly 4 months, $BTC has been moving within an ascending channel, leaving liquidity below.
Key HTF targets have already been hit:
• Highs of the range around $80K touched. • CME gap between $79K-$83K fully filled.
This pullback to $72K might just be the opening phase of a much larger downtrend.
My roadmap for the next 30 days:
1. Collapse below the $70K-$71K support zone. 2. Relief bounce towards $76K-$77K. 3. Massive sell-off and liquidity sweep below $60K. 4. Formation of a local bottom somewhere around $50K-$54K.
Most retail traders already believe the bottom is in place.
Previous cycles suggest otherwise.
I wouldn’t rush to buy $BTC for fear of missing out on the next rally.
The real accumulation phase may not have started yet.
Don’t become exit liquidity. Do DCA, not large volume, and wait for September-October to inject significant liquidity. ✅ DON’T GET CAUGHT UP IN THE #FOMO.
🔴 Iran is firmly rejecting Trump's statements, claiming they don't align with the proposed deal.
Tehran denies having accepted :
🔸 reopening the Strait of Hormuz without tolls or restrictions
🔸 removing naval mines
🔸 dismantling its nuclear materials
🔸 transferring uranium to the United States or any third country.
Iran also asserts that the immediate unblocking of $12 billion in frozen assets is a key prerequisite and maintains that the Strait of Hormuz remains under its exclusive sovereignty. Finally, Tehran insists that nuclear issues are off the table for discussions now and in the future.
PS: Air raids stopped when American planes started going down. #IranIsraelConflict
🔴 Longs are getting wrecked at the slightest dip, and the liquidity down to 47k is impressive.
👉 For comparison, the move from 73k to 83k only saw 2.9 billion in SHORT liquidations, while the drop from 83k to 73k has already recorded 5.11 billion in LONG liquidations.
There still hasn't been any real capitulation. $BTC
😱 A user just sent 107 BTC ($8.2 million) to the historic Bitcoin burn address "1111111111111111111114oLvT2" in five separate transactions, according to @SaniExp.
➡️ It's currently impossible to tell if this is a mistake or a voluntary burn.
Iran has started accepting payments for oil in Chinese yuan. What does this mean for you, your future, and the future of the US dollar?
I strongly encourage you to invest about an hour into your financial education.
I highly suggest tuning into Ray Dalio's podcast titled "Iran Just Killed the Petrodollar." This is the biggest news in global financial history, and no one is explaining it except Ray Dalio.
Ray keeps it simple and offers actionable steps that nearly anyone can take to avoid becoming a victim of this massive shift and crisis in money.
Don't hesitate to listen to the wisdom Ray Dalio provides, wisdom that very few will pay attention to.
Remember, your best investment is your investment in your financial education... an education that our schools will never cover. #IranIsraelConflict #dollar
🚨JUST IN: Is BlackRock and Vanguard Dipping into Memecoins?
The two biggest asset managers in the game by AUM have disclosed positions in Bonk Inc. ($BNKK), the Nasdaq-listed company linked to Solana:DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263, in their latest Q1 13F filings.
Vanguard's entities reported 188,580 shares, while BlackRock reported 33,188.