#Bitcoin - What’s Next?
The Big Sunday Report: All You Need to Know
🚩TA/LCA/Psychological Breakdown: Big accounts on X are screaming “short” and “bull market over.” Same story, different cycle. Every time they tried, they got liquidated. They’re not analysts, they’re exit liquidity for the real players. Last week, we highlighted the Golden Cross, a macro-level signal with historic accuracy. It doesn’t flash often, and take some time to see the results, it’s a long-game signal. I said it before and I’ll say it again: I’m not selling. Not even considering it.
I re-entered Bitcoin at $77K, holding my bags and not even thinking about selling here. For real-time entries, exits, and high-precision signals: 👉 https://t.co/M5dJf5EKbY
Bearish Developments, something to worry?
A bearish divergence has appeared on the weekly timeframe. Should it matter? No. It already triggered once around $80K and didn’t play out. It’s lagging, and most likely a reaction to Trump’s tariff announcement. No actionable value here. We’re also seeing some profit-taking from short-term holders, wallets that entered in the last 6 months. Standard cycle behavior. The real signal is that long-term holders and large wallets, haven’t moved. They’re staying in position. BlackRock showed minor outflows this week for the first time in 30 days. It’s not bearish, it’s just a sign of short-term caution due to external macro noise due to Trumps recent actions.
Bullish Structure and Price Action
- Golden Cross (Weekly)
Rare signal. Historically accurate. It signals the start of a multi-month run.
Cup-and-Handle Pattern
Clearly visible on the daily chart. Breakout zone: $113K–$115K.
Higher Highs & Higher Lows
Structure is intact since the $74K bottom. The uptrend is strong.
Moving Averages (20D / 50D / 200D)
Price is comfortably above all key MAs. Trend support is solid.
MACD Bullish on Weekly
The MACD line has crossed above the signal line on the weekly. Momentum is in our favor.
My targets are clear. There is no reason to be scared at all. I see big fear during this recent drop, which is totally a joke. Expecting targets towards 120k anytime soon. It’s a manipulation phase to shake out the weak hands once again before Bitcoin is sent to new heights. Just a matter of time.
In terms of the calendar, this week looks boring. Tomorrow there will be a speech by Jerome Powell. However, next week, on the 11th of June, we have the CPI numbers to be published, which is highly important to watch.
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From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.