My BTC thesis in the next 9 months I expect a temporary bounce from $63-68k region to retest the lost 200WEMA ribbon at $100k area.From here I expect BEARS to take full power and exact massive sell pressure that will lead to last major capitulation event. I expect bear market bottom at $40-44k zone where bulls will take over.We may see some little downside from here perhaps a wick to hunt price to $38k.I choose this as bottom because this is where Blackrock and likes entered their ETF shares since launch and since then market hasn’t tested there again.A lot of buyers will take over from there and I expect BTC to hit $180-200k in next cycle
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Has crypto market bottomed;no Will it bottom after the next crash;most likely What’s the magnitude of the crash? Bro very brutal What I don’t know is exact date but it won’t pass August/September 2026 but definitely this year. It’s going to be a legendary buy opportunity
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BTC closed July candle green as expected.Majority of alts closed in green too.While great progress to bear market bottom has been made,it’s safe to say that we haven’t bottomed yet and a 20-30% drop is expected to flush out excess liquidity.FED is tending towards hawkish monetary policy and high probability of rate hike this year.While this is a bad news in short term,the long term outlook is positive. Few alts have capitulated and are having a some bit of consolidation around a major demands zone. I expect BTC to track $75k resistance and get rejected sometime in August
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