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Two of the most aggressive moves in this cycle is:
The moment of BTC breakdown 30k at June 2022 when Telsa sold BTC & LUNA moment
The moment of BTC breakout 30k at Oct 2023 when entire market is full of hype ETF SPOT.
Bulls remain holding the game and tend to be more aggressive after breakout the red line.
#BTC 🔥
Bitcoin now is being traded like an altcoin
Careful on high leverage trades in local fluctuations 🚀
#FET retraced -70% in Feb rally
6 months consolidation at bottom.
It is almost time to make a new rally again
This is not the first we witnessed the wick but the outputs were very different 😉
Here is my logical thesis: Market has consolidated for 60 days.
Yesterday is just the first daily breakout candle or just a fakeout ?
Anyone remember the candle of Xi Jinping President at Oct 2019 ?
wow same vibe
Normally It took 50-60 days of consolidations to prepare a big move.
There were only 4 big moves already in 2023 (3 up, 1 down)
Ready for a next big move ?
Guess this is related to ETF
Bulls are taking control the game again after breaking out the blue zone again.
Sideway range already here for 60 days. A big move has not came yet.
