$BTC the binance hack is the bears final strike that broke the support at 79K but that event was a blessing in disguise as the stolen funds will stay in limbo and its out of the system making the supply of btc lesser than before. Fresh long positions now are being placed after the hacking as the support from 79-80K had been flushed away. The capital inflow in binance aren’t from permabears coming in, those are capital returning after realizing binance is still the undisputed home for several traders. The permabears are trapped with lesser ammo now as either they realized their gains or get hit by long strikes. The long camp has now placed several defenses at 77K and it would take another hack just to break it, but do you really believe another hack would happen? Several bad news had been thrown for several months but it took a hack to break the bulls defense at 79K, now thats out of the way its just a matter of time a single arrow could trigger a thousand bulls charging at the bears gates. Bitcoin is anti-fragile, the more chaos it takes in, the stronger it gets.🏹