Not so popular take, but the play to 91-93k is still on, everything still very much seems bearish short term. On a good not, price action is still very much above all num ema's so we could still very much see the last leg of the bull-run. but we trade bulls and bears so no issue
This is the most important trendline for $BTC.
Before a major rally, Bitcoin has often retested this trendline.
Right now, it's sitting around the $90,000-$92,000 level, which also has an active CME gap.
What do you guys think?
I covered this yesterday, and Altcoins (except $ETH) Open Interest has surpassed Bitcoin Open Interest.
In December 2024 and March 2024, this marked the local top within 2 weeks (see the chart).
To be clear, I'm talking about a local top, not a cycle top.
In a bull market,…
I covered this yesterday, and Altcoins (except $ETH) Open Interest has surpassed Bitcoin Open Interest.
In December 2024 and March 2024, this marked the local top within 2 weeks (see the chart).
To be clear, I'm talking about a local top, not a cycle top.
In a bull market,… https://t.co/oeDBX8JNbi
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