"Bitcoin does nothing while stocks rise"


I understand the frustration.
But you have to realize that Bitcoin has fallen much more significantly than stocks from its highs, breaking many structures.
No matter how optimistic stocks/macroeconomics are, Bitcoin won't get hit with a giant candlestick that surpasses all the resistance it has above it now.
Now we have:
- The true market average at $79k
- STH cost basis at $78k
- 50EMA weekly at $86k
- 200EMA daily at $82k
- Monthly bullish market support range at $78k
- All these are strong, fundamental resistance levels that take time and multiple attempts to achieve.
But now, we are gathering energy below, building strength, and resetting metrics to try again, after securing some important levels:
- Breaking the 6-month downtrend
- Restoring the high structure on the timeframe
- Restoring the weekly bullish market support range
- Monthly supertrend support with 3 closes above it
Bitcoin is now between what it has regained and what it hasn't.
So, don’t confuse this price movement with weakness...
This is actually exactly what we want to see here, with Bitcoin building energy to surpass $86,000 and break through all resistance.
If we do that, the sky will clear for new highs, and things will accelerate quickly.
Everyone forgot that Bitcoin is the fastest horse in the race with a slope, once it moves.
And once these levels are restored, it will definitely move.
So, until we lose the levels below that we have already regained, we are optimistic here and working to reverse the trend.
But this is the natural technical analysis of where we are, so don’t confuse it with weakness.
Weakness would be losing all the levels we have already regained.
So far, we are building strength with our best macroeconomic backdrop in years.
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