Just because #Bitcoin is sub $80,000, it doesn't need to crash all the way towards new lows.The general consensus is that we must crash, given the fact that the Nasdaq has seen such a strong rally from the lows.The COVID crash and bounce didn't give any 10% corrections at all, it went up in a straight line.Sure, after such a bounce, it's normal to be expecting some consolidation and profit-taking, however, it's irrational to be expecting a 20% correction on the $NQ. ...

The first warning signs are here.The 21-MA is the critical indicator for strength on #Bitcoin.It's currently losing the momentum, as the Nasdaq corrects and yields are shooting upwards, with the 10-year being above 4.50%.There are two lines that are important for me:- The 21-MA --> that's currently being lost.- The $76K level --> which is still the crucial horizontal level.If the latter stays, there's still that chance of higher prices to be expected, especially since the 50-MA on the weekly is around $90K. ...

The Morning Minute (5.15)Powered by @yeet⏰Top News:-Crypto majors are green but falling as treasury yields spike; BTC at $80.7k-Trump Xi summit ends with some trade progress, Taiwan warning-Clarity Act passes Senate Banking Committee vote, moves to Senate floor-Coinbase becomes official deployer of USDC on Hyperliquid; HYPE +17%-Thorchain exploited this morning for $10M+ across chains🌎 Macro Crypto and Markets-Crypto majors are green but falling after the Trump Xi summit ended and yields spike; BTC +1.6% at ...

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