🚨 Warning:
$BTC is forming a massive inverse head-and-shoulders pattern!
Until the right shoulder is complete and it gets back to 60K, $BTC simply can’t drop. A new low would be the macro bottom!
The same pattern appeared at the end of the previous cycle in 2023, and now $BTC is repeating it!
The key is that the right shoulder is clearly not finished yet!
There’s still a huge amount of liquidity stacked at and below 60K for $BTC !
That’s where I think the final liquidity sweep and true capitulation will happen!
If $BTC plunges into the 54K–60K range, this structure will be nearly perfect!
It makes complete psychological sense too—
When everyone thinks the $BTC cycle is completely over, that’s precisely when the true bottom forms!
After that, $BTC reclaiming the neckline will be the confirmation signal I’m waiting for!
So in the short term, I still think $BTC has one final leg down!
But once this pattern plays out, $BTC ’s next major expansion officially begins!
Remember, I post news every day, track every major macro event, and alert you as soon as it happens!
So be sure to follow me and turn on notifications!
$BTC is forming a massive inverse head-and-shoulders pattern!
Until the right shoulder is complete and it gets back to 60K, $BTC simply can’t drop. A new low would be the macro bottom!
The same pattern appeared at the end of the previous cycle in 2023, and now $BTC is repeating it!
The key is that the right shoulder is clearly not finished yet!
There’s still a huge amount of liquidity stacked at and below 60K for $BTC !
That’s where I think the final liquidity sweep and true capitulation will happen!
If $BTC plunges into the 54K–60K range, this structure will be nearly perfect!
It makes complete psychological sense too—
When everyone thinks the $BTC cycle is completely over, that’s precisely when the true bottom forms!
After that, $BTC reclaiming the neckline will be the confirmation signal I’m waiting for!
So in the short term, I still think $BTC has one final leg down!
But once this pattern plays out, $BTC ’s next major expansion officially begins!
Remember, I post news every day, track every major macro event, and alert you as soon as it happens!
So be sure to follow me and turn on notifications!