QuantumAscend

Highest ever $BTC supply in loss.
Other times we've peaked above 10 million (red):
2019 bottom, Covid bottom, 2022 bottom
Not saying we can't drift a little lower...but still an area to take a shot 💯

$BTC | @Bitcoin

Price testing the 50M SMA at the same time Monthly RSI hits all-time lows.
Probably nothing.

$ETH / $BTC
5 Waves complete in our drop dating back to last summer 👀
Upper trendline that has held us down since then only 4% away...
I expect this trendline to break sooner than later
Altcoins will outperform BTC massively 🤝

$BTC | @Bitcoin
Bitcoin finding support at the bottom of the "Cost of Production" Zone.
This was the bottom in 2022.
At the same time, we found support at the 200W SMA.
The deepest we've ever dropped below that SMA has been 36%, in 2022.
It also dropped 30% during the Covid crash.
That puts BTC at worst case $39,500
Barring any more geopolitical turmoil, I don't think we drop that low.
Let's see if this area wants to hold.

$XLM just took back 5+ months of price action in 3 days.
This is how fast it happens.
Stay patient.

$ADA vs $XLM vs $XRP
Cardano & Ripple look very similar to Stellar before it took off.
"But XLM had a news event".
Classic show me a chart and I'll tell you the news.
Let's see how the next couple weeks play out 🤝

$SPX | $BTC
Indices weren't blasting into new ATHs in 2022.
Bears don't understand this.
The macro is not the same.

$US10YR | US Government Bonds 10YR Yield
Hits the upper trendline at the exact same time we smack the .702...
Always look for confluence when charting.
This is as good a place as any for it to chill out 💯