Everyone's celebrating the breakout, but $BTC is running the same playbook again.
Range build → spike → overbought RSI → distribution.
Base case: another 30-38% flush toward low $50Ks.
$82K is my invalidation level. Close above it and I'm dropping this thesis entirely.
This is classic cycle behavior. Markets don't move in straight lines. If you're holding long-term, these flushes are opportunities, not disasters. Build your position on weakness, not euphoria.
Patience wins. Time in the market beats timing the market.
Range build → spike → overbought RSI → distribution.
Base case: another 30-38% flush toward low $50Ks.
$82K is my invalidation level. Close above it and I'm dropping this thesis entirely.
This is classic cycle behavior. Markets don't move in straight lines. If you're holding long-term, these flushes are opportunities, not disasters. Build your position on weakness, not euphoria.
Patience wins. Time in the market beats timing the market.