@digitalduniya
Bitcoin’s chart looks heavy —
The Macro, strangely, doesn’t.
Price has broken down from its highs.
Momentum is weak.
Narratives feel tired.
This part of the cycle always feels darker than it is.
But beneath the surface, the second story keeps unfolding:
ETFs haven’t unwound.
Liquidity indicators are improving into year-end.
Macro pressure is softening.
And ownership rotation is behaving like a transfer, not a capitulation.
Two things can be true at the same time:
The technicals can look rough
while
the structural story strengthens.
This isn’t a moment to choose a direction —
it’s a moment to understand the transition.
Price shows emotion.
Macro shows conditions.
Ownership shows intent.
And right now, all three are pointing in different directions —
which is why the moment feels so strange.
There’s a way to read this moment without choosing bull or bear.
My full breakdown ↓
0 reply
0 recast
0 reaction