500m of OG BTC out of the market again. Feels like treasuries are slowly running out of money..

Here you see the activeness of >1 year holders selling. We are slowly declining, meaning long term holders selling is slowing but still rather high.

I really don't like seeing btc under 100k

I would expect some sort of bounce but this chart is not bullish at all..

we just closed the 22cnd june wick.

We might actually form some sort of local bottom from here towards 97.7k. I don't dare to call a bottom though.

$SPX about to close this gap

$Nvidia at support here as well. I expect a bounce, which should give SPX some support as well

gap basically close on SPX

$BTC higher picture we have 1 last support here, then it gets grim.

50W MA double pierced for the 2cnd time while trading below it.

Not looking too good but I believe we get a bounce soon.

Awful PA.
100k retest was rejected as expected but 97.7k hasn‘t held.

We need some reversal very soon but it isn‘t looking good.

Only positive thing I can find is that alts seem to run out of sellers.

But they are down so bad anyways and got beaten for 4 years non stop, it’s not the biggest reason to celebrate…

Unless we get some bullish momentum until the end of the week, we officially enter the bear market today.

SPX futures also dumped further. Let's see how SPX open reacts. If we keep bleeding, I believe it is just over for a few months

Which doesn't look like it right now. I don't really see any support until 90k at this point tbh...

Next major support on SPX is another 3.55% from here.

This would somewhat align with a 89-92k range with BTC.

For today we might have just found a local bottom.

(Gut feeling)

So far so good..

97.7k is the first we need to reclaim, then obviously 100k. Which won't be easy