ChainMind⛓🧠

$BTC is repeating the exact same bull pattern again Each bull market started with one major green candle followed by months of consolidation If we bottom is in we're likely see chopping in 70K-80K range for next couple of months Study cycles https://x.com/0xChainMind/status/2092295890782273937

Some $BTC history for you This 2W MACD reset happened both in 2018 and 2022 right after macro bottom was marked We just got that same signal again https://x.com/0xChainMind/status/2091934034809000331

$BTC Once again we needed this sweep breakout We've been closing in same level in SMA200 for weeks and now we took mFVG and the only target left is compression lower Real capitulation is coming https://x.com/0xChainMind/status/2090170535539782105

$BTC Bear market progress: ▓▓▓▓▓▓▓▓▓░ 87% We are coming close https://x.com/0xChainMind/status/2089822441698722243

$BTC is squeezed between 200MAs and mFVG, closing fifth weekly candle in a row in the same 4% range Sweep into that zone before any continuation would make sense https://x.com/0xChainMind/status/2089451202782113903

$BTC We just broke down third rising channel of the whole year downtrend, exact structure that resulted in ~25% dumps And now we are repeating the same https://x.com/0xChainMind/status/2089319834500595720

$BTC Structure remains bearish, with closest liquidity stacked below at 61K and it seems like we're going to clear it soon What matters is reaction once we get there Cause if we lose that zone, we're likely to sweep below ~57K https://x.com/0xChainMind/status/2088668583140168018

Real capitulation is close. $BTC https://x.com/0xChainMind/status/2088600041573237202

Bottoms don't come this easy... $BTC No chance macro bottom is in yet, and the reason is simple: legacy markets still haven't corrected We're sitting at a comfortable -50% from ATH with none of the real fear that marked 2022 A bottom without that level of capitulation just can't happen Someone needs to sell losses, think that crypto is a bursting bubble, and we are going lower, then buy FOMO on the way up Right now we are not even close to that So real bottom likely waits for equities to finally crack while crypto is already structurally weak That's final risk-off flush that completes the bear, and we're still heading lower into it https://x.com/0xChainMind/status/2088542992780935318

Remember how everyone thought $BTC would follow global liquidity forever? Starting to look like it stopped working

$BTC Closing that order below block leaves equal lows and compression as next obvious liquidity to take But after this sweep, we're likely to get back to 62K-65K range Even if we are sure going below 61K, we just must retest that 67K-70K monthly imb So more consolidation here https://x.com/0xChainMind/status/2088307565952151576

Clean AMD pattern.. $BTC Where the pop was the sweep of the highs at 64K, and the distribution the sell-off now unfolding We are likely to get testing 63K again Liquidity hunting market https://x.com/0xChainMind/status/2087856497539584306

Another weekly test for $BTC We got three reactions off the same 63K support Each one getting weaker 6% -> 5% -> 3% That means sooner or later we'll lose this level and continue broader downtrend Classic absorption before the breakdown https://x.com/0xChainMind/status/2087626156316971387

Keep it simple.. $BTC Every bottom we saw each time sits above or close to the 300-week MA line Right now, that's 55K zone You all know what happens next https://x.com/0xChainMind/status/2086782917938680058

$BTC Everything hinges on this 65.3K weekly high pivot Respect below and we're likely to retest 62.7K monthly open or break above to finally retest 67K monthly imbalance Either way, we'll still be in the same 2-month range https://x.com/0xChainMind/status/2086583635528880618

Let's be objective... $BTC Today's pump did clear the highs, but main 65.4K pivot is still unswept That's why I'd expect another fake pump into Sunday with a short squeeze above 65.4K and then go to retest 61K That's how I think next week plays out https://x.com/0xChainMind/status/2086064761070829770

My current $BTC market thesis We're back at that important 65K level, with liquidity stacked on both sides Last time we hit this, we got rejected and dropped to test 62K That's what I am expecting to repeat here Unless we sweep 65.4K then next target will 100% be 67K-70K zone Next week will decide everything https://x.com/0xChainMind/status/2085824387622514988

For literally 9 years, $BTC has never closed below its electrical cost Every retest or hit into it was a macro bottom And right now it sits at ~50K https://x.com/0xChainMind/status/2085761962412040220

$BTC We just swept daily highs right now Now we're near 65.4K pivot, close above and we head up to eventually take that 67-68K liquidity But I still think we might get another rejection and drop to retest 61K zone Well, let's see how it plays out https://x.com/0xChainMind/status/2085691977811505182

What if $BTC confirms this breakout right now and we will go above $70K.. Are you ready for this scenario? https://x.com/0xChainMind/status/2085493714135261629