Bitcoin: Bull Market Support Band

"the general playbook for Bitcoin when it ends market cycles, right? That the general playbook is a high kind of like in August or early September and then a low in September that then sets up the rally into a market cycle top."

"so long as Bitcoin has weekly closes above the 50we moving average, there is still reasons that Bitcoin could go to a new all-time high. It doesn't mean it has to, but as long as it's getting weekly closes above that 50we SMA... if you see weekly closes below the 50we, that's likely it."

"What's interesting is the 50WE is now at 99K. Next week it'll be probably at 100K. So if Bitcoin flushes below the bull mark... 100K has to hold. If it doesn't, the cycle's over. That's how this should play out. As long as that holds, the cycle's intact."

"Bitcoin within the next 6 months will likely have a larger drop, but hopefully there's a little bit more left in the tank before then."

"Bitcoin dominance is likely forming a low. And as you go into late September and October, guess what? Liquidity flows back to the kink. So all this altcoin liquidity is likely about to flow back to Bitcoin late September, early October."

"the reality is is Ethereum's likely not going to see a, you know, a durable surge above 5K until it tags the 21week EMA. And I think it's going to happen in late September, early October."

"ETH Bitcoin is also dropping, which is what we've talked about after Ethereum made a new alltime high. ETH Bitcoin should drop until ETHUSD tags at 21week MA at the very least. And alt would likely rally against Ethereum. We're now in week five of alts rallying against Ethereum after Ethereum hit an all-time high. This will likely continue until Ethereum tags at 21week EMA."