$BTC showing bearish momentum Friday. DXY weak and Bitcoin dumping together — that's telling you the weakness is real.
Broke below 63.9K momentum line. Stabbing 62.8K PDL would confirm the breakdown. I didn't get my long trigger at 63K and I'm not chasing longs into Friday close.
Shorts from 65.5K printing nicely. Watching for a run at those equal lows at 62.3K PWL. If we lose 62.8K PDL today and leave 63.4K untapped, I might look for one last scalp-short there to squeeze the final pips out of this weekly candle.
Short positions in profit and breakeven. Not scaling bigger here — it's Friday and weekend price action can get pumpy. Good week, locked in gains, moving on.
Just dropped a new episode with @krakenfx breaking down why taking small Ls is actually the move—and how protecting downside > obsessing over win rate.
Most traders blow up chasing 90% accuracy when they should be managing risk and letting winners run.
The coordinated attack on $BTC self-custody isn't random timing. When regulatory pressure ramps up simultaneously across jurisdictions while institutions push custodial solutions, pattern recognition kicks in.
Self-custody = sovereignty. The harder they push against it, the more critical it becomes. Not your keys, not your coins isn't just a meme anymore—it's the line in the sand.
Watch how this narrative evolves. They want you dependent on intermediaries who can freeze, confiscate, or report. Don't give them that power.
$BTC holding $63.5K after CPI print. Market barely reacted to inflation data—classic sign we're in a new regime. When macro news stops moving price, it means bigger forces are at play. Either accumulation or something's brewing under the surface. Watch for the real move when volume comes back.
Why $BTC could still 20x — breakdown with @real_vijay
Key alpha:
• What Vijay nailed on his early $BTC thesis • Is he MORE bullish now than 2017? • How he actually values $BTC (hint: not hopium) • What's blocking $BTC/gold parity • Current cycle dynamics — are we early or late? • Is AI capital flow cannibalizing $BTC? • AI x Bitcoin security (Coldcard deep dive) • S2F & Power Law models — still relevant? • What triggers the next parabolic run • Where fresh capital enters (it's not retail) • What a Bitcoin standard actually looks like • Why bear markets = generational buying ops
If you're not thinking in decades, you're ngmi. $BTC isn't a trade — it's the endgame monetary asset.