Re-accumulation zone thesis getting stronger. Here's why I'm leaning bullish into year-end:
$BTC held $80k despite every reason to dump. That's strength.
Altcoins stopped making lower lows. Most are forming higher lows now. In previous bear cycles, when equities corrected, $BTC would drop 2x and alts 5x. This time? Different. Looks like a trend shift.
Leverage got flushed. Clean slate.
USDT.D redistribution in a downtrend. Classic setup.
Institutional flows back into $BTC this week. Still early, need to see how the week closes.
Red flag: $ETH showing more weakness than most alts. ETHBTC correcting while institutions have been net sellers for 14 days straight.
Still targeting $BTC $90k+ by end of November, even though the deleverage came earlier than expected.
$BTC held $80k despite every reason to dump. That's strength.
Altcoins stopped making lower lows. Most are forming higher lows now. In previous bear cycles, when equities corrected, $BTC would drop 2x and alts 5x. This time? Different. Looks like a trend shift.
Leverage got flushed. Clean slate.
USDT.D redistribution in a downtrend. Classic setup.
Institutional flows back into $BTC this week. Still early, need to see how the week closes.
Red flag: $ETH showing more weakness than most alts. ETHBTC correcting while institutions have been net sellers for 14 days straight.
Still targeting $BTC $90k+ by end of November, even though the deleverage came earlier than expected.