Every time $BTC hits this downtrend duration against gold, a major move follows.

Last time: +400%. Also it has liquidated a large portion of long positions opened over the past 30 days.

This clearly shows that the majority of traders are positioned for upside in the crypto market. So once that is flushed we'll have peak disbelief & low confidence.

Which is a perfect setup for what comes next.

BTC

89,356.87

+1.55%