




DB
4.6K posts

@NotTheNewsDB
PhD in Entrepreneurship | Postdoc @imperialcollege | Market analyst @WealthGroup











On the greater scheme of things, BTC is back within our HTF resistance area that stretches from 80K to 72K. My expectations remain that BTC prints a lower high in this zone, before heading lower towards our long-term DCA zone later this year, as per macro plan. Remember, headlines do not matter for our macro thesis. Structures, trends and data do. In the short-run, USDT dominance finding acceptance back within the bull flag, can be considered positive for the market as it did not manage to breakout of the bull flag it had initially formed. Another retest of the mid range at around 7.30%, aligning with 74K for BTC and range lows at 6.80 cannot be excluded. The latter could bring BTC towards the 80K-78K, which would be range highs of the bear flag, and the upper end of our 80K-72K zone.









Chopped it up with @NotTheNewsDB & @nodi_macro yesterday to discuss our opinions on the markets and how we’re navigating the current range we’re in. A lot of info to be heard in this one, watch it on YouTube below 👇 youtu.be/n5Wxhh-5lk4?si…






Everytime $BTC moves a few %, I get questions about my macro thesis and whether it is still valid. It is a bit tiring to have a macro thesis and share it publicly as you need to defend it over and over again. Ultimately, my thesis has already worked out halfway, from the 126K top to the 60K local bottom. I believe that, with a bit of patience, it will continue to play out. Macro plans take time and cannot be invalidated on a few headlines. It will all make sense once it is done.