$BTC new ATH day again

🧐 #BTC Strategy is actively transferring BTC to Coinbase Prime

The bull market ends immediately if Saylor sells a single BTC

Liquidating shorts right now

🥳 S&P launches new cryptocurrency index - Digital Markets 50. barrons

This might be the most bullish thing in the past months

Back in the triangle.

Nope. I expect to hit this magnet level eventually

Next time we hit 124k region, it will be the 4th test. Then it is getting exciting.

So far we did 16% on the recent move and just dipped 4.5% after 9 days of up only.

That is not bad all.
And we are at ATH levels.

As long as 120k holds, don‘t get too anxious.

Also, as long as SPX keeps pumping up the bubble.

Don‘t get me wrong, we can pump a whole lot but everything is risky at these levels.

If we disregard the weak altcoin performance, BTC has had a great run. I wouldn‘t be surprised if it is just over at some random day in the -not too far distant- future.

Not saying the dip is over but considering these stats, the LTF is holding pretty well.

It may be as noone felt excited about the previous move, noone is scared now about this correction.

I tend to believe we could very well see new ATHs within the next days.

This does not rule out my above post by the way.

The market is extremely unhealthy but markets tend to be irrational for extended periods.
Every country is emergency printing already. They fight their problems with more printing. This usually works until it doesn‘t (2008). But even then, it will continue to work until the broad mass accepts BTC or something similar as the solution.

Gold has never been „the solution“. Just a temporary workaround.

$BTC log

Added the current levels that would break this trend that started in june 2022 until today.

$SPX going for it once again.