Price is back in the $84k-90k range, same as where it was most of the time since it reached a local bottom on November 21st.
So the idea is basically the same, just delayed in time:
Reclaim $90k -> $95k
Reclaim $95k -> $100k levels
This is a likely scenario. I don't trade $BTC, I use it purely as a market reference. My crypto portfolio is mostly privacy coins, being $XMR the biggest bag.
Enjoy the weekend.
#Market update
After reviewing everything, the picture is clearer.
What we witnessed was most likely the 'pre–Black Swan event', the first phase of something larger.
Altcoins have already seen historic capitulation, yet several majors still haven’t fully flushed. The wicks should eventually be filled, and lower levels may still be ahead. I wouldn’t even rule out moves below the current "Buy zone", depending on the scale of what comes next.
Bitcoin remains above $100k, far from the $60–70k area that would align with a complete correction. Until then, downside potential remains significant.
The traditional market is also showing structural cracks. Under certain conditions, those cracks could evolve into short-lived global disruptions that shake confidence in core systems, a reset before the next phase begins.
Once again, a brief consolidation over the weekend is likely, but more downside should follow next week as global markets reopen.
Have a good weekend.
To be honest, I don’t think this is over.
I need to review everything in depth again, but Bitcoin is still above 100k and the main target remains much lower.
Even after the biggest liquidation event in crypto history, we haven’t yet seen the event I’ve been warning about. It should be something global.
Consolidation is possible this weekend, but more pain seems likely next week.
This looks like just the beginning.
Thanks for +1 year of continuity and the airdrops 💜
$Degen built Farcaster.
$Degen hyped Farcaster.
$Degen introduced people to airdrop tipping..
It was your idea that inspired all these tipping projects.
I’m really sad it’s ending and feel like crying 😭 . I hope the Degen-app turns out amazing 🎩
