Bitcoin closed a week above $80,000 for the first time this uptrend. By Tuesday, it's trading at $78K. That's the whiplash, guys.
Glassnode shows every holder cohort was a net seller last week. Strategy's own 8-K confirms it: zero Bitcoin bought between August 31st and September 7th. Zero. During a breakout week. Right?
So is this the bull trap confirmed, or not yet? Here's the actual definition: one weekly close back under $80K decides it. Everything else is noise. And even if it does confirm, the weekly regime stays bullish anyway, the Compass Line's sitting near $61K.
Oil's above $99. The 10-year's at its highest since 2023. None of that shows up in the price yet.
What's your line in the sand? The level that flips you from bull to bear, or bear to bull?
#Bitcoin #BTC #CryptoNews #BullTrap #MarketCompass
This video is for educational and informational purposes only and should not be considered financial, investment, or legal advice. Always do your own research before making financial decisions. - See full disclaimer below.
Glassnode shows every holder cohort was a net seller last week. Strategy's own 8-K confirms it: zero Bitcoin bought between August 31st and September 7th. Zero. During a breakout week. Right?
So is this the bull trap confirmed, or not yet? Here's the actual definition: one weekly close back under $80K decides it. Everything else is noise. And even if it does confirm, the weekly regime stays bullish anyway, the Compass Line's sitting near $61K.
Oil's above $99. The 10-year's at its highest since 2023. None of that shows up in the price yet.
What's your line in the sand? The level that flips you from bull to bear, or bear to bull?
#Bitcoin #BTC #CryptoNews #BullTrap #MarketCompass
This video is for educational and informational purposes only and should not be considered financial, investment, or legal advice. Always do your own research before making financial decisions. - See full disclaimer below.
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