So $BTC just bounced +16% to $69k
And we're only at the level... that felt like a good discount to long yesterday lol
That sell pressure was insane
And we're only at the level... that felt like a good discount to long yesterday lol
That sell pressure was insane
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I'm still shocked that no one with size showed up yesterday while we went from $70k to $60k with no bounce
I think a lot of the smart money who was ready to bid was waiting for an 'obvious' entry that would be liquidation driven, but it never really came, so they settled for the $60k round number, which was too stupid not to buy
Even if there was a decent amount of liquidations at the bottom, you can clearly see that there was no wick
The market has gotten smarter and you don't really get the no-brainer 2021-like liquidation candles anymore on $BTC
I think a lot of the smart money who was ready to bid was waiting for an 'obvious' entry that would be liquidation driven, but it never really came, so they settled for the $60k round number, which was too stupid not to buy
Even if there was a decent amount of liquidations at the bottom, you can clearly see that there was no wick
The market has gotten smarter and you don't really get the no-brainer 2021-like liquidation candles anymore on $BTC
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$ZEC and $ASTER are two examples of very high energy pumps we've seen in the past few months
I believe these types of runs inevitably mark tops that will last for months if not years, which makes them very high certainty shorts
But both of the coins also had 3-4 weeks of a bounce that formed a lower high
Just something I've noticed, not surprising but good to keep in mind.
There's inertia when a coin receives so much energy, even once it's quite clearly topped, it will still receive a lot of residual inflows
I believe these types of runs inevitably mark tops that will last for months if not years, which makes them very high certainty shorts
But both of the coins also had 3-4 weeks of a bounce that formed a lower high
Just something I've noticed, not surprising but good to keep in mind.
There's inertia when a coin receives so much energy, even once it's quite clearly topped, it will still receive a lot of residual inflows
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Crypto Narratives
Some $ZRO announcement today Me thinks it'll be hard not to sell the news
Lol, this didn't take a long time
They accidentally released the news early, it's about them releasing their own chain
$ZRO
They accidentally released the news early, it's about them releasing their own chain
$ZRO
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Full Recap of the Crypto Narratives of 2025
https://cryptonarratives.substack.com/p/full-recap-of-the-crypto-narratives-d87
https://cryptonarratives.substack.com/p/full-recap-of-the-crypto-narratives-d87
Substack
Full Recap of the Crypto Narratives of 2025
Month by month
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It's quite simple:
- There is no threshold level on BTC that suddenly puts $MSTR in much greater difficulty than before.
- But the lower the price of BTC goes (and stays there), the harsher it gets for MSTR, in a mostly linear way
It's not rocket science and there's no big secret: all the metrics about Strategy are completely transparent and clearly displayed on their website. It's not complicated to see how they could suffer...
The credit risk is definitely overblown in the sense that people think there's a realistic scenario that could kill MSTR in the near future: that's just plain wrong.
Is there a scenario that can inflict a lot of pain on MSTR? Absolutely, but that scenario is essentially a long and slow suffocation through BTC price bleeding for a long time.
- There is no threshold level on BTC that suddenly puts $MSTR in much greater difficulty than before.
- But the lower the price of BTC goes (and stays there), the harsher it gets for MSTR, in a mostly linear way
It's not rocket science and there's no big secret: all the metrics about Strategy are completely transparent and clearly displayed on their website. It's not complicated to see how they could suffer...
The credit risk is definitely overblown in the sense that people think there's a realistic scenario that could kill MSTR in the near future: that's just plain wrong.
Is there a scenario that can inflict a lot of pain on MSTR? Absolutely, but that scenario is essentially a long and slow suffocation through BTC price bleeding for a long time.
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Crypto Narratives
It's quite simple: - There is no threshold level on BTC that suddenly puts $MSTR in much greater difficulty than before. - But the lower the price of BTC goes (and stays there), the harsher it gets for MSTR, in a mostly linear way It's not rocket science…
Another thing worth noticing is that after literally 6 months of steady underperformance vs BTC, $MSTR is now ranging vs BTC, and the MSTR/IBIT ratio even bounced recently
Talk is cheap, ignore the Twitter sensationalism, and check actual prices to know how panicked people are
Talk is cheap, ignore the Twitter sensationalism, and check actual prices to know how panicked people are
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When I saw the $ZRO chart today, I thought that I had already seen that pattern somewhere, it was on $DASH
Different timeframes and contexts, but similar top price action
Just one fractal to keep in mind :)
Different timeframes and contexts, but similar top price action
Just one fractal to keep in mind :)
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Crypto Narratives
DonAlt will announce soon that he bought this coin because it's bitcoin without Saylor and the chart looks good $BCH
The $BCH bullish case is gaining more and more attention
BCH got cucked at the $660 resistance in Jan but we'll get our breakout imo
https://x.com/peach_1340/status/2022590658347974748
https://x.com/Gold_Cryptoz/status/2022593007179137097
BCH got cucked at the $660 resistance in Jan but we'll get our breakout imo
https://x.com/peach_1340/status/2022590658347974748
https://x.com/Gold_Cryptoz/status/2022593007179137097
X (formerly Twitter)
MJ (@peach_1340) on X
A Bitcoin Cash thesis -
> Best performing coin in top 20 since December last year. $BCH has outperformed $BTC by c35% over this period. I fully expect this to continue over the coming months
> Largest upgrade since inception landing in May 2026. The Layla…
> Best performing coin in top 20 since December last year. $BCH has outperformed $BTC by c35% over this period. I fully expect this to continue over the coming months
> Largest upgrade since inception landing in May 2026. The Layla…
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