X @Wu Blockchain
Wu Blockchain·2026-02-04 15:37

K33's Vetle Lunde: BTC down ~40% from Oct high (11% last week), echoing 2018/2022 bears and raising cycle fears. "This time different"—unlikely 80% drawdown due to institutional adoption, inflows, easing rates, no major deleveraging crises. Feb 2: >$8B spot volume, $1.8B longs liquidated, extreme negative funding—bottom signals but inconclusive. Support $74K; break risks drop to $69K or $58K (200-week MA). https://t.co/z1f1XRbI0a ...

X @Wu Blockchain - Reportify