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Bitcoin just hit a new 30-day high.
And I know some people are asking…
“Weren’t you bearish?”
Yes.
The data was pointing towards caution. Liquidity was weak, flows were mixed, and the market had not given a clear reason to expect a breakout.
But this is why price always comes first.
Bitcoin has now reclaimed the key resistance levels I was watching, and the short-term structure has changed.
The market doesn’t care about our opinions.
When the data changes, the view changes.
Now I’m watching to see if Bitcoin can hold this breakout and turn these previous resistance levels into support.