Bitcoin just ran 40% off the July low and stalled at the 50-week.
that’s the line.
lose it and every bull since 2014 was over. hold it and every bear was over.
the 200-day doesn’t close this. 2015 ripped through the 200-day, died at the 50-week, then made one more low.
2018 still maps. feb low, slightly lower summer low, 40% squeeze into the same average. 5700 then. 57k now. 2022 did the same bounce and failed.
midterm years print these rallies inside a bear. nothing new.
july 1 is when accumulation started. q4 still gets a vote. october keeps showing up.
a few weekly closes above the 50-week and i stop being careful. until then the low isn’t confirmed.
not here to call the wick. 2027 pays this either way.
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he sat out 10 weeks and the same 8-K lets them sell btc to build a usd reserve. thats a buyer when he feels like it, not a floor. one treasury is a flow. liquidity can dry up into an election faster than a filing hits the tape