five red weeks in a row and nobody agrees what it means
$BTC has closed lower every week since early october, and the last leg came from the ai chip selloff spilling into crypto. etfs leaned to outflows while funding went neutral, so leverage got flushed but the big buyers havent come back
the case for a base is crowded shorts and tired selling. the case against is that this streak has gone both ways before, once it bottomed and once it kept bleeding
what i watch is the 200 day average near 73k. a hold there with etf flows turning positive changes the picture. losing it while $ETH keeps lagging says the rotation out of risk isnt done
does $BTC defend the 200 day into tomorrows cpi, or does that level get tested first ?
$BTC has closed lower every week since early october, and the last leg came from the ai chip selloff spilling into crypto. etfs leaned to outflows while funding went neutral, so leverage got flushed but the big buyers havent come back
the case for a base is crowded shorts and tired selling. the case against is that this streak has gone both ways before, once it bottomed and once it kept bleeding
what i watch is the 200 day average near 73k. a hold there with etf flows turning positive changes the picture. losing it while $ETH keeps lagging says the rotation out of risk isnt done
does $BTC defend the 200 day into tomorrows cpi, or does that level get tested first ?
