Arnau4Bet

There is a lot of selling pressure in Bitcoin.
Now, I am considering these two short-term scenarios:
1- It manages to break above $79,000 and we see a short squeeze that would send $BTC higher, toward $86,000.
2- It fails to break above and drops to $75,000 to grab all the liquidity below.

Bitcoin is betting EVERYTHING here:
We are at the most important OnChain confluence point of the cycle.
If we surpass it and consolidate, the worst could be over!
But failing it... would be disastrous. An extreme scenario, with 2 sides of the same coin.
It's the moment 🤝

Danger with Bitcoin: the coming weeks are crucial.
For now, $BTC has not managed to break that very important big red line.
If it doesn't surpass it, I don't rule out the possibility that we could drop to 57,000-70,000 to seek liquidity.

Bitcoin $BTC is in a situation where it could start a major bullish rebound.
But it won't be easy. To see a big rebound, it first needs to break through the large wall above $78,000.
If it fails to break through, I don't rule out revisiting lower prices.

USDT.D (USDT Dominance)
If this chart drops, BTC, ETH, and Alts JUST RISE...
Hello Bart? 🤔

The S&P 500 is in overbought territory after reaching new all-time highs.
Just recently, the market was in an extreme oversold phase, and suddenly, the opposite.
This behavior is common after hitting bottom.

What a crazy thing.
Allbirds $BIRD 's stock rises more than 1000% after announcing they will stop making shoes to focus on artificial intelligence.

Thanks to everyone, family, only 30,000 🤝🎉 left now

The BTC/gold chart shows a pattern we should not ignore.
Bitcoin tends to fall against gold during cycles of about 390-400 days.
Now Bitcoin has already changed trend after 427 days in a bearish cycle. According to this, BTC should start an upward movement versus gold.

Has Bitcoin hit the bottom?
Two of the most reliable bottom signals in Bitcoin's entire history have just aligned.
This is the fourth time this has happened in 7 years and it has always marked the bottom...

An anonymous whale has opened two shorts, worth $114 million with 3x leverage, in Bitcoin and Ethereum.
It is unknown who they are, but they believe the crypto market will fall further.

Has Ethereum hit bottom?
Look at this indicator that measures whether an asset is overvalued or undervalued. It shows that ETH is very undervalued.
The last times the indicator was at these levels, bottoms were formed.

Bitcoin has a very strong selling pressure above $73,000.
But watch out, it also has BRUTAL buying pressure around $70,000.
The coming days will be very interesting.

There is data suggesting that Bitcoin might be forming a bottom on a macro level.
Some are already sharing charts similar to this with bullish patterns. Although, for me, it's still early.
Around the $78k level, it will be decided where the next big move is headed.

Why hasn't Bitcoin surged as much as the traditional market?
The reason is simple, there is strong selling pressure between 71,000 and 73,000.
Bitcoin needs more momentum to break through that barrier. If it does, I wouldn't be surprised if it rises to 78,000 or even higher.

Iran cuts diplomatic communications with the United States and threatens to cause disruptions in the Bab el-Mandeb Strait.
Bad news for the markets. It would be very negative if the conflict continues to escalate and the straits are affected even more.