$BTC
I’ve been trading for 10 years and never seen so much stacked long liquidity on a single level
Once we reach 58K, dump will be brutal
There will be $2B liquidations with a final huge crash that will mark this cycle bottom
Throughout this cycles’ market has been purely driven by liquidity, chopping from one imbalance to another
So far pattern continues repeating
My view remains that we must eventually drop to 55K and 50K and even eventually might get 42K and that perfectly lines both mathematically and with historical patterns right now
Plus macro bottom never feels like one, it usually comes after most aggressive liquidation event of the cycle when nobody expects it
Once that happens, when liquidity is fully taken, there’s nothing left to dump and that’s how bottom will be formed
Either way, I am already buying and will continue DCA at
58K
55K
52K
That’s my 9th year in crypto, I bought BTC at 16k last cycle, I called the exact 126K BTC top. swing short at 70K, called recent 20x memes
I
I’ve been trading for 10 years and never seen so much stacked long liquidity on a single level
Once we reach 58K, dump will be brutal
There will be $2B liquidations with a final huge crash that will mark this cycle bottom
Throughout this cycles’ market has been purely driven by liquidity, chopping from one imbalance to another
So far pattern continues repeating
My view remains that we must eventually drop to 55K and 50K and even eventually might get 42K and that perfectly lines both mathematically and with historical patterns right now
Plus macro bottom never feels like one, it usually comes after most aggressive liquidation event of the cycle when nobody expects it
Once that happens, when liquidity is fully taken, there’s nothing left to dump and that’s how bottom will be formed
Either way, I am already buying and will continue DCA at
58K
55K
52K
That’s my 9th year in crypto, I bought BTC at 16k last cycle, I called the exact 126K BTC top. swing short at 70K, called recent 20x memes
I