If you're still waiting for the perfect
$BTC capitulation wick, stop now.
A lot of traders lose money in ranges by doing the same thing: panic selling the lows, then FOMO buying when price reclaims the level they just abandoned. The 40K dream sounds clean, but markets rarely pay everyone’s perfect bid.
The bearish side is obvious. People are still hunting for one last brutal flush into the 36K-48K zone, the kind of wick that makes everyone capitulate before the real move starts. And yes, every bear cycle tends to print 3 major lows, with the final 2 usually mattering most.
But here’s the other side, and I think it’s stronger right now.
$BTC already swept 59K, showed mild bullish divergence, and failed to push lower with any real force. If we were really going straight to 40K, that breakdown should have hit harder by now.
To me, this looks more like accumulation than collapse. That doesn’t mean straight up, and it doesn’t mean
$ETH or
$SOL won’t chop with it, but the market may already be punishing people waiting for the “obvious” lower entry.
Are you still expecting 40K, or is
$BTC already building the next base here?
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