Bitcoin may have signaled the start of a new bull market. BTC just closed a weekly candle above the 50W MA for the first time in 45 weeks. Historically, Alex Thorn (from Galaxy) says this move has often confirmed that the bottom is already in. 👀 All of this is great! But I just can’t wrap my head around how top companies with billions of dollars behind them, with the best researchers, analysts, coders, and minds in blockchain, determine the bottom of the main asset only when Bitcoin is already at $85,000! And their argument is the 50-week moving average crossover! So, you had absolutely no arguments at $57–60K that this was the bottom? Or were you quietly buying yourselves, staying silent, and now you need an audience because you’re opinion leaders — so you have to slowly, little by little, build up interest and then start with your usual narrative about $200K–$300K–$500K, gradually selling it to the crowd? Secondhand embarrassment. $BTC
