bitcoin

When I look at this picture, what I don’t see is coincidence. I see market structure repeating itself.As a technical analyst, one of the first lessons you learn is that price has memory. Markets rarely invent completely new behavior; they revisit levels where strong decisions were made before. The numbers in this image — $BTC around 67K, $ETH near 2K, $BNB in the 600s, XRP around 1.3, TRX near 0.2, SOL around 80 — these aren’t random targets. They are psychological zones. Liquidity lives there. So does emotion.

In every cycle, retail investors tend to believe the next rally must go far beyond the previous high immediately. But in reality, the market often does something more subtle: it returns to old resistance, tests it, shakes out weak hands, and only then decides whether a true expansion phase begins.
From a technical perspective, these repeated price zones act like magnets. Order books get thick. Sellers who were trapped before finally break even and exit. Smart money watches how price behaves there — not just whether it reaches the level, but how it reacts once it gets there.

Another thing people underestimate is time. Cycles stretch longer than most traders expect. What feels like “nothing happening” is often accumulation in disguise. Volatility contracts, narratives fade, and that’s usually when positioning quietly shifts.
If the market does revisit these historical zones again by 2026, the real question won’t be whether those prices are reached. The real question will be:

Does volume expand? Does momentum follow through? Or does rejection come fast and violent?
Because reaching a level is easy.
Holding above it is what separates a rally from a true bull market.
That’s what I see when I look at this image — not a prediction, but a reminder:

Markets don’t just move forward. They echo.

#MarketCycles #CPIWatch #bitcoin

Bitcoin ran hard, then reality hit. Losing $70K wasn’t just technical, it changed market behavior. This feels less like panic and more like a reset phase.
Bitcoin didn’t just pull back. It lost a level the market trusted.
For months, Bitcoin felt unstoppable. Every dip was bought, sentiment stayed bullish, and momentum carried price all the way to the October 2025 peak near $126,000. Confidence was high, risk was ignored, and the trend looked easy.
Then the tone quietly changed.
When Bitcoin slipped below $70,000, most traders initially brushed it off as another routine dip. But this time, the bounce never really showed strength. Selling pressure stayed persistent, volatility expanded, and price gradually slid toward the $60,000 zone. In the process, Bitcoin gave back around 50% of its gains from the peak.
That wasn’t panic.
That was the market hitting reset.
Why $70K Was More Than Just a Level
$70,000 wasn’t just technical support. It was psychological. Above it, the market believed the trend was safe. Below it, confidence cracked. Once that level flipped into resistance, behavior shifted quickly. Leverage began to unwind, late longs got trapped, and fear replaced the calm optimism that defined the rally.
This is usually how strong trends pause. Not with a single crash, but with a slow grind that exhausts both buyers and sellers.
What a Reset Phase Really Looks Like
Right now, Bitcoin isn’t trending. It’s resetting.
That typically comes with:
Choppy, unpredictable price actionSharp moves in both directionsFailed breakouts and weak recoveriesEmotional overtrading
These phases feel frustrating, but they’re necessary. Strong rallies don’t continue without clearing excess leverage and weak positioning first.
One thing that stands out is volume behavior. Selling waves have come with stronger volume, while bounces have looked lighter and less convincing. That usually suggests sellers still have short-term control, even if price is trying to stabilize.
The Most Important Level Right Now
The $60,000 area is the key decision zone for the market.
If buyers defend it, Bitcoin can consolidate, cool down volatility, and start building a healthier baseIf it fails decisively, the market may need to explore lower levels before confidence can return
At this stage, prediction matters less than reaction. Strong markets show demand quickly. Weak markets struggle to reclaim lost levels.
What This Phase Teaches Traders
Markets like this reward discipline, not excitement.
Strong rallies always need resetsPsychological levels matter more than indicatorsPatience usually beats prediction during high volatility
Personally, I’m not trying to guess the bottom. I’m watching how price behaves around key levels, how volume reacts, and whether buyers step in with conviction. This is a phase for observation, not aggression.
My Current Mindset
In conditions like these, my focus is simple: capital protection first, opportunity later. This is where many traders either overtrade or completely step away. Both extremes usually lead to mistakes. Slowing down and letting the market reveal its direction is often the smarter move.
The Bigger Picture
Bitcoin isn’t broken. Corrections like this have always been part of its cycles. The rally was fast and emotional. The reset is slow and uncomfortable. That contrast is normal.
In simple terms:
Bitcoin ran hard. Now it’s catching its breath.
The next real opportunity won’t come from hype. It’ll come when volatility cools, fear fades, and price proves it can stand on its own again.
This is just my market perspective, not financial advice.
👉 Do you see this reset as an accumulation phase, or do you think the market still needs more time to cool off?
#bitcoin
#BTC
#CryptoMarket

On Nov 18th 2025 I suggested that Btc was headed for a bottom at $84K (+/-2K).

I expressed concerns about a very bearish move if price fell below $81K. On Nov 21st that low $80s target was hit. Only later to be violated to the downside.

On Nov 30th I suggested that $BTC had bottomed at $80K & would bounce up to $98-99K and get rejected. On Jan 14th 2026 my target of $98K was hit with strange accuracy...and rejected as anticipated.

Once BTC was rejected at $98K, I suggested the recent lows at $80K would be swiped. I once again expressed concerns about a very bearish move if price fell below this local low.
Once the $80K low was swiped (T1), I suggested (on Jan 31st) that the next bearish target would be hit at $60K (+/-2K).

On Feb 6th, my $60K target was hit, and the anticipated significant bounce to follow (20%)

On Feb 6th, I outlined the typical bottoming structures and targets based on my studies of historical price action and statistical analysis. This lead me to expect a bounce from $60K to $71K (+/-1K)...and then a minimum retrace to $62-$65K

On Feb 6th my bullish target at $71K was hit and I suggested that it had met resistance and would be rejected down to my next bearish target ($62K-$65K).

That target of $65K was hit yesterday, as seen in today's chart.

Those that follow me know that I was warning of this significant drop since I mentioned the "three red week down rule" since Sept 2025. I said not only would btc soon crash, but also top alts would follow (ie xrp). This chart called the top for $XRP :

This chart called the top for BTC:

TA works! It works on all assests, in all time frames, across all markets. The question is how? How can someone like me be so "strangely accurate"? After all I don't have a crystal ball. Please know I'm not boasting, I've just been doing this a long time and I want to show you how predicatable it can be. Hopefully this will encourage you to learn TA. Also, I post here to keep track of my calls and to share my trading ideas (I want us all to succeed). Hopefully this offers some insights as to how effective technical analysis can be. I encourage you all to become students of this trade. Education is the only way we can gain any competitve edge in these fast moving markets.

Congratulations to everyone that has taken these trades and are in significant profit.

#BTC #bitcoin #TrendingTopic #Xrp🔥🔥

On chain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.
Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices swung sharply during a volatile trading session.
Another 20,169 Bitcoin 
$BTC $68,876, worth about $1.4 billion, left miner-linked wallets on Feb. 6, according to data from CryptoQuant. The last comparable spike occurred on Nov. 12, 2024, when outflows reached 30,187 BTC.
The spike coincided with sharp price swings, with BTC trading at about $62,809 on Feb. 5 before rebounding to $70,544 a day later. Large miner wallet transfers during volatile sessions often draw scrutiny because they can signal potential selling pressure. 
Eight miners disclosed January figures so far: CleanSpark, Bitdeer, Hive Digital Technologies, BitFuFu, Canaan, LM Funding America, Cango and DMG Blockchain Solutions. They reported a combined production of roughly 2,377 BTC for the month. That total is far below the 28,605 BTC transferred in a single day on Feb. 5.
Outflows likely reflect broader ecosystem flows
The scale of the Feb. 5 and Feb. 6 outflows exceeds the January production of the publicly reporting firms reviewed by Cointelegraph. 
Even combining disclosed January sales from CleanSpark, Cango and DMG, confirmed selling amounts remain a fraction of the 28,605 BTC transferred in a single day. 
However, miner outflows do not automatically equate to capitulation or immediate spot-market selling.
Miner outflow includes transfers to exchanges as well as internal wallet movements and transfers to other entities, meaning the metric does not by itself confirm that coins were sold on the open market.
Given the scale of the transfers relative to disclosed public miner sales, the movements may reflect activity beyond large, listed firms.

Public miner disclosures show mixed treasury moves
CleanSpark reported mining 573 BTC and selling 158.63 BTC during the month, ending January with 13,513 BTC on its balance sheet. 
Cango mined 496.35 BTC and disclosed selling 550.03 BTC, stating it would continue to sell newly mined Bitcoin to support the expansion of its artificial intelligence and inference platform.
On Feb. 9, the company sold an additional 4,451 BTC for about $305 million to partially repay a Bitcoin-collateralized loan and fund its AI pivot.
Other firms took a different approach. Canaan mined 83 BTC and increased its reserves to 1,778 BTC and 3,951 ETH. LM Funding mined 7.8 BTC and reported no sales, lifting its treasury to 364.1 $BTC . 
Meanwhile, Hive used structured pledge mechanics tied to 480 BTC to preserve liquidity while maintaining operations.
While some miners report monthly production results consistently, others only report intermittently or have shifted to quarterly disclosures. 

Winter storms affect US miner hashrates
Network hashrate also fluctuated sharply in late January as severe winter storms hit parts of the United States. On Jan. 27, Bitcoin’s hashrate fell to 663 exahashes per second over two days, marking a more than 40% drop.

The temporary decline came as miners curtailed operations to stabilize regional power grids during extreme cold and surging energy demand. US-based firms reported reduced uptime, including Marathon Digital Holdings and Iren, which saw sharp short-term drops in daily production.
Data showed that hashrate recovered in early February after the drop during the last week of January. 
#BTC #bitcoin #miningpool #TrendingTopic