Support test at $77K incoming. Weekly chart structure suggests continuation pattern—classic bull flag or extended consolidation before next leg.
Key thesis: Supply/demand dynamics override macro noise. $BTC historically ignores rate moves mid-cycle. Current structure remains bullish despite:
• Energy commodities at ATH
• PPI running hot
• US 30Y yield spiking to 5.35%
• Equity fear creeping in
FED rate hike speculation next week is irrelevant. Focus on:
1. On-chain supply absorption
2. Institutional accumulation (MSTR now larger than JPM by some metrics)
3. Mechanical entry rules vs emotional positioning
$SOL SEC summit noted. Regulatory clarity could shift alt flows.
Hunter Biden meme coin ($LAPTOP) launched—classic FOMO trap on new listings. Hourly chart shows parabolic exhaustion. Hayden Adams suggests celebs use Uniswap CCA for token launches to avoid rug risk.
Bottom line: Maintain long bias. Use volatility to add at support. Bull cycle mechanics intact until proven otherwise.
Key thesis: Supply/demand dynamics override macro noise. $BTC historically ignores rate moves mid-cycle. Current structure remains bullish despite:
• Energy commodities at ATH
• PPI running hot
• US 30Y yield spiking to 5.35%
• Equity fear creeping in
FED rate hike speculation next week is irrelevant. Focus on:
1. On-chain supply absorption
2. Institutional accumulation (MSTR now larger than JPM by some metrics)
3. Mechanical entry rules vs emotional positioning
$SOL SEC summit noted. Regulatory clarity could shift alt flows.
Hunter Biden meme coin ($LAPTOP) launched—classic FOMO trap on new listings. Hourly chart shows parabolic exhaustion. Hayden Adams suggests celebs use Uniswap CCA for token launches to avoid rug risk.
Bottom line: Maintain long bias. Use volatility to add at support. Bull cycle mechanics intact until proven otherwise.