#Bitcoin - What’s Next?
The Big Sunday Report, All You Need to Know
🚩 Technical and Psychological Analysis: BTC successfully broke out from the broadening edge pattern making the first scenario I gave you playing out perfectly! I warned you very well of two scenarios: The first scenario was seeing Bitcoin breaking out of ATH and starting run at full speed to 117-120k. The second scenario was in case of a rejection at ATH levels, a move down to 92k first to fulfill the CME gap and only then up to 117-120k. In both scenarios I said very clearly to ignore FUD because 117-120k was next regardless. Indeed it played out perfectly and my target is now hit. All the doubters previously commenting that I would finally be wrong, are silenced again. This is what happens when you fade Mr. Wall Street. My track record speaks for itself. Never miss out again. Second scenario is now fully out of the table. Bitcoin next move is higher and higher!
Currently there is two levels to watch on the upside. The first level is the 135-140k region where the first big liquidity pool stands. By reaching this level $45bn will be wiped out of short positions. The second level is where the second biggest liquidity pool stands at 160-170k. If we reach this level $70bn will be wiped out of short positions. There is way too much liquidity on the upside. Market makers know this and they will hunt the upside liquidity soon.
Bitcoin next target is now 135-140k, which is the first big liquidity pool. And it is only a matter of time until we see price hunting that liquidity!
Short term BTC can either retrace to retest 112k level and move up after or can simply ignore all key support and resistances and continue the parabolic move. Remember we are within a super cycle. A cycle where market enters price discovery. Means there are no limits, and FOMO starts. The only way to trade this market is to hold tight and watch profits being made out of thin air. You will see 135-140k very soon. Sooner than everyone can even imagine.
It’s extremely important to understand this: Donald Trump signed the big beautiful bill couple days ago, and this is the official statement that Federal Government will continue to increase the debt ceiling. Exponential debt growth means exponential M2 money supply growth, which is extremely bullish for fixed supply assets like Bitcoin! And as if this is not bullish enough, MVRV is at half the level of the cycle top. MACD is fully intact on monthly timeframes, weekly timeframes, AND daily timeframes. RSI overbought region level wasn’t seen in this bull and is still far away. (Relative Strength Index always reaches the overbought region every bull market near the macro cycle top.) And the M2 Global Liquidity made a huge run over the last months. It’s only a matter of time to see prices skyrocketing and all bears getting fully liquidated. Get ready for higher prices coming full speed sirs
Bitcoin next move is $135,000 - $140,000⏳