I think we need to close the CME gap at $117,500 before we blast off to new highs, but maybe that happens tonight or tomorrow morning before the big buy.
Looks like we closed the CME gap about an hour ago. That could mean we are back in rally mode but I haven't seen enough volume to confirm that on a chart.
A lot of doom and gloom about the US not buying Bitcoin. I think it is possible the Trump administration isn't completely selfish and actually wants to do the best thing for America and their Bitcoin investment, which would mean not buying the cycle top. I'm starting to think the government and these big companies like Apple aren't just going to blindly smash the buy button. Maybe 2027 will be when they all start jumping in trying to grab the bottom.
I'm still a man of the cycle. Top isn't in for at least another 4 weeks.
I'm a little bit torn about the derivatives markets.
On one hand it just fucks up the BTC price action, on the other hand it's doing this in a quite predictive way.
In HODL mode, i don't care much about the contract closing dates, but i developed a habit of not even winking an eye about bold moves just before the last fridays of the months, for example, when futures usually settle.
It's all about peace of mind, which makes one able to hodl easily.