🚨WARNING: BITCOIN $BTC BIGGEST BULL TRAP IS ALMOST HERE! We have formed pretty textbook toping structure that last three times results in ~30% dump Right now it will get us to $54K That's exactly where macro bottom must hit according to my plan: $77K -> $82K -> $70K -> $60K -> $54K macro bottom The similarities with the previous cycle are getting harder to ignore $BTC is again struggling around the 50W MA after a huge relief rally from the lows We already pushed back into the upper part of the structure, flipped sentiment bullish and made everyone believe the worst is over But we still have no real capitulation, no extreme fear and no confirmed macro bottom And macro can make this final leg even more aggressive If recession fears start hitting markets while financial conditions remain tight, risk assets like BTC will be one of the first places where liquidity gets pulled That would fit perfectly with the final capitulation event I’m still waiting for Cycle timing also still gives us room for one final leg lower Once this bounce fails, I expect BTC to rotate back through $70K and start attacking the liquidity sitting around the previous lows Below $60K is where the real panic should finally begin And that final flush into ~$54K is still where I expect this bear market to end Remember that I am posting news daily and monitoring each major macro event to post and warn you So make sure to follow me and turn notifs on
