Bitcoin Trap ALERT! Don’t Ignore This Massive Crypto Signal

"it would be understandable, in fact, even likely for price to come down and tap this [sub 120] before the price action moves uh continues to the upside... If it were again, if if we do get some weakness here and comes back to test somewhere in this region from that 117 up to $120 $120,000 range."

"We have now eclipsed basically the peak of available supply and have basically we're going to be in a basically uh a persistent downtrend for the rest of the life of Bitcoin in my opinion"

"April 2024 last having marked an inflection point. Bitcoin available supply is no longer expanding. Meaning we're getting a tighter and tighter supply and demand dynamic. Meaning every bit of demand is starting to gain a bit into exponential effect on the available supply which has direct impact on price. So yes, this time is different."

"when we start seeing these crypto integrations in major tech companies, the sort of pariting effect tends to happen very quickly because major major businesses do not want to be left out of entirely out of a niche"

"many of the the retail market uh participants out there are going to see this and think because the ETFs coming, this asset has to boom. Maybe not every one of these does."

"there's going to be a bit of a buy the rumor, sell the news event on probably every one of these as these ETFs come due."

"I think we are going to have a bit of a runup here in October uh likely in November as well."

"I would not be surprised beyond the liquidity, beyond liquidation heat maps, just general normal bull market trend behavior as for this price action. If it were again, if if we do get some weakness here and comes back to test somewhere in this region from that 117 up to $120 $120,000 range."

"platinum level rocket ship turbo booster to what we're going to see in the supply demand dynamic in the Bitcoin asset class as we look basically perpetually and infinitely into the future. We have now eclipsed basically the peak of available supply and have basically we're going to be in a basically uh a persistent downtrend for the rest of the life of Bitcoin in my opinion and that is because the having has reduced the new inflated supply so much and it's only getting smaller from here"

"So, will we get some moves to the downside after we had these massive candles? Yes."

"if the market runs away here over the weekend, we may have a gap down, which would be very healthy. It'll give us a parameter for instance to come back and fill that gap. Maybe test this test these highs and then have a continuation."

"If it breaks down after tonight, Saturday and Sunday morning, and the market opens on futures down here for instance, then you have this massive gap above us where the price tends to want to refill."

"there's going to be a bit of a buy the rumor, sell the news event on probably every one of these as these ETFs come due."

"I feel more convicted right now that the market is setting up some of these bearish structures and I could be entirely wrong. So, do your own research. Uh but setting up some bullish structures to trap people before faking people out and just continuing continuing to the upside."

"the bullish expectation, I fear, is what's going to wreck a lot of people with some moves to the downside and then people think it's over, so they short and then it only res reverses."

"I do think it is going to play out in part. I think we are going to have a bit of a runup here in October uh likely in November as well."

"I think the alts are waiting for kind of a concerted push for this to break down from this and start to to move down before you start seeing a real move in the altcoins because you see even had a nice move up but you look at ETH to Bitcoin and it's flat."