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๐‚๐ซ๐ฒ๐ฉ๐ญ๐จ๐–๐ž๐š๐ฅ๐ญ๐ก

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The first week of June had a weekly negative Delta of over 2 billion..
This week is about to end tomorrow with price making a new low and I suspect it is going to be less than 2 billion negative delta..
Which will lead me to believe sellers are exhausting..
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So in Feb we had OI go to its lows.. In June OI made a higher low what does this actually mean...
It means OI could not flush lower than Feb which means this last bit of selling was spot..
Spot changing hands from weak to strong hands forms a solid base...
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What do I see for bitcoin:native
I see this level here being defended then a move up the big levels between $99k-$105k..
The base is being built at the moment and when it gets to the main levels thats when the first part of this $alt run will be in full swing..
Accumulate!
BTC0.93%
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The path for $sol
SOL1.83%
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People always want a lower as price comes down to good levels..
Don't keep on wishing for lower as this is the area price needs to reverse from or you will get your wish down to $36k...
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A lot of people say if we were at the Covid lows we would buy them..
2022 was the same as people waited for $10k..
The last few weeks is probably the same too..
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Spot selling near a low isn't really bearish, it's the market changing hands.
Spot changing hands is the market actually rebuilding its base.
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Price going lower OI holding a higher low..
Exhaust sellers this week, bottoms form like this..
Gets new shorts aping in the lows for fuel to squeeze them...
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GateUser-1decfb3a:
๐Ÿ™„
So many $40k calls on my timeline when these sweeps for $btc are nearing their end..
I guess you haven't seen $sol yet..
BTC0.93%
SOL1.83%
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Lots of new shorts opening today ..
Would be a shame if they opened at the lows..
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Every time BTC "breaks" its low there is panic..
The process is washing out the bottom is close and this should be accumulation instead of panic..
Open interest holding this week and exhausting sellers is what I am watching..
BTC0.91%
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Too many get too emotional over every drop..
Remember in this period since Feb every drop is on weaker strength exhausting sellers..
3 is usually a good numberโ€ฆ
Accumulation zone..
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Feb was the strongest sell off then a weaker sell off in June and an even weaker sell off today..
This is just areas of accumulation...
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Yesterdays low was done on weakening strength..
I wouldn't be surprised for a move up now..
But I still expect weeks of chop with everyone second guessing themselves until one week we get a pump straight to $80k..
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You probably woke up today thinking $btc is going back down to $40k..
When in truth every push down is getting weaker..
BTC0.93%
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$btc is making a base to challenge $80k plus..
Every week you will think $40k is coming until the break up..
BTC0.93%
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What happened to $SPCX
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KissUs,AndWeCanIndulge.:
Elon Musk has run away.
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More like 2020 without the covid crash when you look how Alts are holding up..
Even though most are comparing it to 2022...
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In hindsight the bottom will be clear
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2019 vs 2022..
This is where the fractals diverge..
2022 (bottom fractal) is the 4 year cycle thesis and bottoms later..
2019 (top fractal) it bottomed around this period...
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