The new week begins, with $560 million in long positions directly wiped out.


Honestly, I’m not surprised by this drop.
Oil is surging, U.S. bond yields are jumping, and the U.S. stock market is also declining—collective risk assets are being drained, and Bitcoin is following suit as part of the normal script.
What truly makes me cautious is Bitcoin Depot filing for bankruptcy.
The largest Bitcoin ATM operator in North America, collapsing just like that.
This isn’t about the price dropping a few points; it’s about the infrastructure on the retail side breaking down.
In the last bear market, the sequence was the same: first killing off mining companies, then exploding exchanges, and finally affecting these capillaries.
This week, I’m focusing on two points:
First, whether the previous low can hold, and
Second, whether funds are flowing over from stocks—betting on a risk rotation.
Bitcoin is stuck at 76.9K, with a range of possible movement within the week.
Expect volatility this week with a slight downward bias, and next week there’s a high probability of a significant decline.
BTC-1.95%
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