Strange PA ngl. U can clearly see this isn‘t normal

A daily close above 62.158 would be bullish as we completely ate this past 2 days dump. 🤝

SPX continues to print new ATHs.
We even punctured this resistance trendline. Stay above this trend and expect continued bullish momentum for BTC and alts.
BTW, I moved my green circle now. New SPX target is 6200-6400 from the current viewpoint (if we stay above this resistance/ that just flipped as support)

Clean charts are sometimes a good thing for higher time frames. Here you go:

Massive bull flag on the $BTC weekly. Held important 48k support so far.

With SPX latest PA, we are ligning up for a massive bullrun if you ask me.*

*as long as SPX stays in an uptrend and the world economy doesn‘t crash.

I‘d say target hit. We might retrace again but I wouldn‘t say lower than 62k.

Btw, Capo calling for lower. I am calling for higher. Finally the sheep are shorting their remaining bags again. This is what we need to break new ATHs.

$BTC - HTF view

Bitcoin has been in a descending channel since March 2024, and it's currently sitting below a major resistance zone ($63k-$65k). As mentioned before, this bounce still looks like a DCB, and there's strong potential supply coming into the market soon, along with the escalating Middle East conflict.

The main support is around $48k-50k, which would match with $1.8k-2k for ETH. This could present a great buying opportunity for the entire market.

Enjoy the rest of your weekend!

64.8k hit ✅

On track. Now retest 64.8k and moon pls 👌

google trends interest is at all time lows for bitcoin

Capo bearish, trends low, SPX at ATH.

We got all we need for new ATHs and bullruns.

Don't FOMO here.

Never fomo but never listen to Capo

DiD 2 - Capo 0

Btw, we probably get some consolidation and will have some trouble breaking 69k.
We need 69k to break for real bullishness.

We need this push above 69k. Calm ur fomo before.

I just realize that I forgot about the last major milestone for crypto: China getting bullish after USA

“When the Federal Reserve begins cutting rates during a recession, optimism in the market tends to be brief. Historically, stock markets often show an initial positive response to the first rate cut, driven by relief and anticipation of improved conditions. However, this rally is often short-lived if the economy is already in decline, as deeper issues—like declining earnings, weak consumer spending, or rising unemployment—outweigh the benefits of lower rates.

Data suggests that in recessionary cycles, the S&P 500 has typically fallen about 11% within three months following the first rate cut, and the downturn persists for at least six months. This contrasts sharply with non-recessionary periods, where markets can continue rallying for several months as lower borrowing costs stimulate economic growth

If the rate cuts are too late or the economy is already contracting sharply, the market's optimism may dissipate within weeks. In such cases, falling rates cannot prevent negative momentum from dragging the market further down”

In summary, while markets can experience brief rallies after the first cut, the overall trend during a recession tends to be more volatile and negative, with optimism often evaporating within a few months as the economic reality sets in.

We will need crazy buying volume to break this resistance. I wouldn‘t expect it to break in the next days but I certainly hope so. Stocks in our favor. 🤞🤞🤞