A few weeks ago, I was one of the few people calling for a move toward $52K-$55K. But after seeing Bitcoin rejection from the $57K-$58K area multiple times and the bearish momentum that I was expecting isn’t happening, I think that buying $BTC on any level under $65k is the best entry for now.
Bitcoin can still revisit $58k or even $55k as nothing is impossible in crypto. But I no longer see a high probability of a major dump.
No one can buy the exact bottom every time. I’d rather buy now than wait for the perfect bottom. If Bitcoin drops, I’ll buy more. If it doesn’t, I’m already in. That’s why I’m not waiting for the $BTC dropping below $55k.
Every Bitcoin bear market looks different on the surface, but the structure is usually the same.
A sharp dump. A relief bounce. Then one final flush that makes most people give up.
That’s exactly why I kept saying the Bitcoin bottom is not in yet. My view hasn’t changed. I still believe we’ll see below $55K, with $52K being the most important level. If panic gets worse, even $48K-$50K shouldn’t surprise anyone.
At the same time, I’ve already started buying more Bitcoin. I’m not trying to catch the exact bottom because nobody knows where it is. If Bitcoin never gives us another big drop, I don’t want to miss the opportunity by waiting for the perfect entry.
You don’t have to agree with my analysis. The market will decide. For now, I’ll continue following the same roadmap.
NEW: 🇺🇸BANK OF AMERICA IS BUILDING A CRYPTO LEADERSHIP TEAM
Bank of America, America's second-largest bank, is building a global crypto leadership team and appointed an executive to run its digital-assets platform.$BTC
Banks are no longer watching from the sidelines -- they are preparing for crypto market infrastructure.
Input Output will begin handing key infrastructure to external teams in August, with community oversight of Cardano implementations in Haskell, Rust and Go.
The shift comes amid weak network activity and a steep decline in $ADA
THE U.S.-IRAN CONFLICT COULD COST OVER $100 BILLION
According to WIRED, U.S. intelligence officials estimate the military campaign could ultimately cost more than $100 billion, with confidential congressional estimates putting the bill near $80 billion already. $BTC
The White House has also requested $88 billion in additional funding as the conflict continues.
If the war drags on, the impact won't just be military. Higher defense spending, elevated oil prices, and persistent inflation could keep pressure on the global economy and complicate the Fed's path toward lower interest rates.
$RAVE made an impressive recovery but has now reached a major resistance zone where sellers have stepped in.
Multiple rejections around this level suggest the market is struggling to break higher.
If price continues to lose momentum, a pullback toward lower support is likely before the next meaningful move. However, if buyers eventually reclaim this resistance with strong volume, it could open the door for a fresh bullish breakout.
For now, patience is the best strategy. Watch how price reacts around this key level before making any decisions.
$HYPE has broken below its rising trendline, shifting the short-term structure in favor of the bears.
As long as price remains below the broken support, sellers are likely to stay in control.
Key levels to watch: • Support: $58–59 • Reclaim above the trendline could invalidate the breakdown. • Failure to reclaim may trigger a deeper correction.
Patience wins here.
Let the market confirm the next move before chasing any position.
Charts give probabilities, not guarantees. Manage risk accordingly.