#BTC pulled back a bit yesterday, and that was enough for the cautious ones to run away.
Anyone still talking about Bitcoin at $40K is falling behind.
Some analysts are using the CryptoQuant chart to support their theses that the market has no demand. But they’re completely wrong about that too. Look...
We’re seeing a market that went through the worst flush of 2026 (June) and is now rebuilding buying from the bottom up.
In June, the 30-day futures demand was around -500k BTC. That was the bottom of the year, when we formed the definitive bottom around $58K. This is where the mistake lies...
Unlike what most analysts said at the time (and still say now). That was deleveraging, not the start of a second Bear Market. Leverage breaks quickly. Spot is what holds the price after that. We know how it works.
Since then, #BTC has risen to $86K. Futures have already turned positive. Spot is still negative, but the gap is closing. When spot crosses into positive territory, it will stop looking like RECOVERY and turn into BULLISH CONFIRMATION for a new ATH.
American ETFs are back with force: nearly 1 billion in a single day, the biggest flow since the October 2025 ATH. September has outflows from exchanges. Long-term holders aren’t dumping old coins. The drawdown for this cycle was 54%. Previous bears cut 77% to 87%. The price didn’t close below the realized price.
Calling for $40K is pure madness—it would require a black swan: ETFs buying, whales accumulating, and coins leaving exchanges. That $40K scenario doesn’t exist!!
The hard work was done in June. The final destination of this structure is a new ATH.
IT’S INEVITABLE!
Patience is the key!
Anyone still talking about Bitcoin at $40K is falling behind.
Some analysts are using the CryptoQuant chart to support their theses that the market has no demand. But they’re completely wrong about that too. Look...
We’re seeing a market that went through the worst flush of 2026 (June) and is now rebuilding buying from the bottom up.
In June, the 30-day futures demand was around -500k BTC. That was the bottom of the year, when we formed the definitive bottom around $58K. This is where the mistake lies...
Unlike what most analysts said at the time (and still say now). That was deleveraging, not the start of a second Bear Market. Leverage breaks quickly. Spot is what holds the price after that. We know how it works.
Since then, #BTC has risen to $86K. Futures have already turned positive. Spot is still negative, but the gap is closing. When spot crosses into positive territory, it will stop looking like RECOVERY and turn into BULLISH CONFIRMATION for a new ATH.
American ETFs are back with force: nearly 1 billion in a single day, the biggest flow since the October 2025 ATH. September has outflows from exchanges. Long-term holders aren’t dumping old coins. The drawdown for this cycle was 54%. Previous bears cut 77% to 87%. The price didn’t close below the realized price.
Calling for $40K is pure madness—it would require a black swan: ETFs buying, whales accumulating, and coins leaving exchanges. That $40K scenario doesn’t exist!!
The hard work was done in June. The final destination of this structure is a new ATH.
IT’S INEVITABLE!
Patience is the key!
