Some strong beliefs:

Retail is not buying crypto

The rise is almost entirely from institutions

Retail seems more interested in buying crypto stocks

This is all based on Google trend data. Search crypto, bitcoin, sbet, bmnr, coinbase and see what has gone parabolic and what has basically remained at historical levels

Created a new link for the chat

Come join us!

https://news.1rj.ru/str/+YtlpiAbCuTRiZTJh

Further evidence that there is barely any retail interest in Crypto

For those that still follow, the daily BTC indicator is close to a bottom, in deep correction territory now, a few good days likely confirms the bottom, can happen this week tbh

I think this will likely be the final move up before a deeper correction. By move up, I don't mean new ATHs, maybe just a small recovery, maybe fill the CME gap at 117245, who knows

Blood moon will occur on September 7th, often black swan events occur at around these times, either before or after. For example, "liberation day" happened a few weeks after blood moon in April, but it was mostly front ran during the blood moon period. I'm not gonna sit here and postulate on black swans coming but I do know that ancient whales follow blood moons and will manufacture moves and sell at around these times because it has become custom.

after this final pump, I think the weekly downtrend probably takes us somewhere to Q4 2025, if it follows it's normal schedule, which should then be followed by an uptrend which should take us to our final blood moon in this blood moon cycle in March 2026, which is then expected to be the beginning of the golden bull run


disclaimer: I have stopped following these daily and weekly indicator calls closely for a while now and no longer trade based upon them myself. I do it just for fun, do not take this as financial advice, you will get rekt if you follow it. There is no way to predict financial markets.

Goodalexander post, must watch

I know he has a habit of deleting every post so here is the video

CME gap has filled

There is no VIP group, stop falling for scammers

Market has played along well with this thesis

Market kind of showing it's hand now

It's exceedingly likely now we are gonna go into a chopping bleed until Q4 (December)

The good news is, the weekly downtrend is about half way over on average

This thesis is likely invalidated if we reclaim 120k and hold

Nice try CZ, but thesis remains intact

Entire bear market in less than a few hours. Congrats.

Crypto is a test of resilience, in both mind and soul

The market will discard what it deems worthless and reward the faithful of the chosen

ONE OF THE LARGEST LIQUIDATION EVENT

$10 BILLION LIQUIDATED IN CRYPTO POSTIONS

There are months where nothing happens and there are seconds where months happen

Today is one of those days where the latter is the case

All the anxieties and fears that were festering in the background expressed into reality in one massive implosion

We have seen this shit before, and it will happen again.

It is a cautionary tale that extreme risk taking should only be done in small sizes because these events can happen at any time no matter how well it is planned for

Hope that you are safe, probably best off avoiding the market now for a little while as things digest the events of this day

Disregarding alts, this is what the past few weeks have felt like to me for BTC

Reminded me so much of the June 2023 candle except the final resolution of it was immediate rather than delayed like back in 2023