🇨🇳🍿 China holding "closed door" meetings on a strategic #BTC reserve – Trump advisor David Bailey

I fear N°1 could become reality if $SPX doesn‘t show strength.
$BTC was insanely weak last week and I think we were about to retest 73-75k, without those news.

We must hold 89k, I think a retest is very possible. We need ETF inflows again.

89k is very close already

#Bitcoin $89,000 is level to bounce

So far we held

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@WatcherGuru

These news are just dumping the market. This is crazy

Super LTF

89k broken. I dont like this. Cautiously bearish here

We must regain 89k. Otherwise this whole move looks like a liquidity grab to exit

This looks like a bear trap.

For me it looks like absolute capitulation.

Nothing can pump this market. All the scams and crazyness created a fatique in the whole market. People need a break.

We need some real strong euphoria to turn this around.

If we can‘t reclaim 89k soon, I don‘t think we will get any proper bull soon. Maybe 3 months break.

we need some strong hopium the coming days

This is not what you want to see after such a candle.

This could have been it.

If we disregard the 89k level, it looks ok still.
We hit the most important support of this recent surge.
As long as we bounce within the box, it would be still ok.

For me, 89k is the signal for both directions. It decides if the last move was a bear trap or a breakdown.

SPX also sitting at a similar level

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