Maroof.RUNE ⚡ #LiquidityBlackHole
16.4K posts

Maroof.RUNE ⚡ #LiquidityBlackHole
@THORChads
Insider Data Analyst










@ave_eli we in bear market now?

For the first time since $BTC first crossed above this MA on March 17, 2023, the daily candle has now closed below it.


@ave_eli Bearish at lows bullish at tops, noted 📝


The falling blue resistance is still the target for bulls. Bears are trying to hunt stop losses lower to break this down toward the 96k area. Support at 99k is still being bought as $BTC attempts to form a double bottom. The red cloud keeps dropping — that’s what I wanted to see: hold support while it comes down. Overall, same picture — bearish #bitcoin price action within the descending channel from 116k.


The $BTC bounce from yesterday’s low targets 106.6K. This is roughly what I’m watching — a 102K–106K bounce. The overall move from 116K down to 102K looks complete. Now we just need the cloud to come down further and meet the price before crossing back up.



The $MSTR 2W chart just closed under my channel envelope midline. In the past 2.5+ years, that’s only happened once—and it snapped back the very next candle. The last real break below? Dec 2021. With FED cuts looming, this close could get interesting. Let’s revisit in 2 weeks.


This is $BTC vs the corp bonds Look at this break down. Like it hasn't traded this far out of this rising channel this whole bull market cycle.



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