JUST IN: Third stablecoin yield meeting set for tomorrow at 9 AM ET at the White House, with a small crypto and banking delegation expected to attend, Eleanor Terrett reports
Bitcoin has filled the descending channel we identified on the lower timeframe and completed the breakout, reaching its projected target.
At the moment, we’re not seeing any particularly significant changes on the higher timeframe. Price remains in consolidation, which may gradually evolve into a recognizable formation.
One factor worth monitoring, however, is a bearish RSI divergence. It isn’t strong - I’d even say it’s relatively easy to invalidate - but it should still be kept on the radar $BTC
Downtrend creates Lower Highs & Lower Lows 📉 Price taps a strong demand zone and shows multiple wick rejections 🍢 Sellers lose momentum… then structure breaks 👩🚀 That’s where the shift happens.
📌 Key points: • Identify the significant support zone 🔵 • Wait for bullish rejection wicks • Break of structure (BOS) = confirmation ✅ • Enter on pullback, not the breakout spike • Manage risk, let winners run 💰 Smart money doesn’t catch the bottom… They catch the confirmation. #EDUCATIONAL_TIPS
On the 1W chart, the MA(7) just crossed below the MA(25), same setup we saw before the 2022 -50% flush. Both times price also broke below the MA(99) after losing structure. That’s when the real acceleration happened.
ATH → distribution → MA cross → structure breakdown → loss of 73k support..
If BTC doesn’t reclaim 85–90k soon, the 50k zone and lower is very realistic.
Fractals don’t copy. They rhyme. 📉
However, this phase feels very different for altcoins.
Most of them are already at extreme despair levels and can’t realistically drop much further, aside from newer coins. Market caps across many alts are sitting at historically low levels with heavy fear priced in.
We’re starting to see selective strength and rotation into a few altcoins.
Crypto is clearly struggling right now, but the future is still bright. So don't panic at all.
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