#Crypto - Most people don’t realise how small the entire crypto market still is.
We’re sitting at just $3.3T and if you look at past cycles, each time total crypto marketcap saw a nice pump above its previous ATH and a clear blow-off top.
So far we are still trading around 2021 Peak which means this cycle hasn’t peaked yet.

#Bitcoin just broke down ! Is the bull run over?
On the daily chart, BTC has broken below the previous all-time high and is facing rejection at that same level. This might look like the start of a deeper correction
But on the weekly chart, price is still holding above the previous ATH which means this could just be a wick or a retest if price bounces here.
This week’s close is important:
If BTC closes below the horizontal support and resistance line on the weekly, we could see a deeper pullback possibly forming an inverse Head and Shoulders before the next leg up.

#Bitcoin is re-testing the range high. If the price finds support here, we could go vertical soon.

#Bitcoin is re-testing the range high. If the price finds support here, we could go vertical soon.

#Bitcoin is Dumping – But Why? Is It Over? 🤔
Yesterday, Bitcoin tested the range high for the third time and got rejected again. This area is proving to be strong resistance.
Previously, rejection from this same level led to a breakdown below the range. Now, this is the first time BTC is retesting the range high after reclaiming it.
A breakout on the first attempt is usually super bullish but rare, which is likely why we saw a rejection here
Now, two possible scenarios can play out:
🟢 Scenario 1 (Green):
Price consolidates a little and then breaks out aggressively to the upside.
🟠 Scenario 2 (Orange):
Price consolidates and breaks down toward the mid-range ($99,400 wicks below possible) for a retest before another leg up.
Overall, both scenarios are bullish. Scenario 1 is quick and explosive, while Scenario 2 may take a bit more time to play out since we haven't seen any retest after the range reclaim.
