Wintermute just dropped their $BTC bull case conditions 🎯

Two key factors needed for sustained upside:
• Macro liquidity staying supportive
• Institutional flows continuing to absorb supply

They're long-term bullish but flagged specific levels where they'll turn more cautious. Smart money positioning matters—watch how MMs like Wintermute adjust their books as we approach resistance zones.

Not financial advice but when major liquidity providers start defining their risk thresholds publicly, that's your cue to mark those levels on your charts 📊