Is it crazy to think $BTC bottom will be its 200 SMA? Prediction: $56,000 - 59,000 We broke our support at 70k. Good thing we built lots of support back in 2024. NFA, DYOR.

With $BTC the amount of addresses over 10k BTC has been slowly declining into this bull run. Between addresses with 1k - 10k remains about the same. With addresses between 100 BTC and 1k BTC we see them continually buying. Even into this bear market. What is that telling us?

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We made this chart upon the initial drop. We are in red circle territory. This is the moment for the history books. This is accumulation territory. This opportunity doesn't come often. Let anothers fear be your opportunity. #BTC #TradingView

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Are we going to see a double bottom or continuation? #BTC

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Sometimes you just need to look at a chart upside down to really understand what it is telling you. $BTC

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For $MSTR watch that $149.85 level for support. With a drop like this it opens up a gap to the upside we could see filled.

$BTC update. We did not hold the double support and we ended up at the bottom of our wedge. We could see a break of this to downside continuation. If so this will be in the red bubble for a buy zone we mentioned previously.