@Poseidon_SF

Hot take: The traditional altseason is dead. The next bull run isn't BTC going up and alts following. People are realizing altcoins are useless. The real bull market will just be capital flowing out of alts and into $BTC

BTC just closed the weekly candle below the 200SMA, a level that triggered a 30% drop back in 2022 June is closing red. Historically, a red June ALWAYS triggers a green July. Expecting a June close at 58k-$60k, followed by a 10% relief rally in July targeting 63.5k-$66k

Saylor’s admission regarding the necessity to sell completely upends the defensive narrative around #STRC. While this public pivot exposes deep systemic pressure on MSTR, it’s also the final capitulation we need. This structural unwinding is exactly what carves out the macro Bitcoin bottom.

Let's see how Bitcoin will absorb BlackRock's largest daily sale ever. $BTC

Expecting huge volatility on $BTC weekly close tonight! Sometimes sidelined is the best option!