TonyTheBull

Bitcoin daily RSI is still contained below a downtrend line
A strong breakout above the trend line that moves above 70 would be a sign the bear market has ended early
During the last bear market, BTC broke up out of the trend line only to be rejected back below it, putting in the ultimate 2022 low during the FTX collapse

Two Bitcoin log curves are intersecting – neither have ever missed a top or bottom call
Which side gives out first? It will be interesting to find out the conclusion

Spikes in Ben Cowen mentions tend to mark local tops in Bitcoin
Price is lower the majority of the time

In all instances, Bitcoin has never meaningfully reclaimed the 6W Kijun-Sen (Base Line on the Ichimoku) once it was lost, until at minimum 16 bars (96 weeks) have passed
It is currently bar number 2 (12 weeks)

Just a reminder for Bitcoiners that Saylor wiped it all out to the tune of -99.87% and was the "biggest loser" of the dot com bubble
But yeah, his buying BTC up here means the bottom is in according to all of my comments

Here is some math that never misses – the 1.618 Fibonacci extension
Every Bitcoin bear market bottom target – is this time different?

Russell 2000 made a new ATH, so this MUST mean that it is time for altcoin season, right?
The Correlation Coefficient doesn't just show how strong or weak a positive or negative correlation is, it shows the direction of the relationship
At the moment, the correlation between these two assets is negative for the first time since July 2016 and the negative correlation is beginning to strengthen
The indicator can curl back up from here, but at the moment it is pointed sharply down
Past correlations mean nothing in a new environment. Simply comparing past breakouts won't work, when the previously

Altcoins (TOTAL3ES) vs Bitcoin
10 days for altcoins to bring the bullish momentum or this bearish crossover of the LMACD will confirm on the monthly

Inverted TOTAL3ESBTC

Bitcoin 2W PPO Percentile Rank suggests that we haven't seen a bottom yet in BTC

Time to moon? 🌕

My Slice subs asked for me to publish this chart on TradingView so they could watch it develop
Now that it's public, I'll share it here
If Bitcoin does rally, I suspect this is what we get as we still head towards an October 2026 bottom at or around $34,000

Is this a long or short?

Another perspective suggesting patience is required, even if misdirection has arrived

Assets, including Bitcoin, tend to go through accumulation at cyclical bottoms
It would be an anomaly for Bitcoin to bounce after such a short period of time at range lows
Patience is paramount

Another perspective suggesting patience is required, even is misdirection has arrived