RawlalGaib

bitcoin:native the real meaning of nobody saw it coming

Being overly right, that I don’t get excited anymore, it has become the normie experience, like the first time you hit six figs the second time doesn’t hit as much

The bear trap has been playing out over the past few month, mentioning on TOTAL3 that once we see a breakout of the trendline, we will spark a fast move up toward 720B, which is the key area to flip from a trend perspective. Once reclaimed and broken to the upside, altcoins across the board should start outperforming BTC and ETH. But before that shift happens, since we’re here, we could still chop for a while and form higher lows on the LTF.

The current structure on Bitcoin looks like a textbook Wyckoff pattern, from which we'll soon find out if this is going to play out exactly like it, based on the current channel that's been forming over the past month in this range, with the idea supported by the volume, while we had a higher exit we had lower volume which adds confluence as a divergence, and one more exit would be healthy for the structure to play out, either we make new lows or we just retest the resistance lines that should be enough for a reversal to spark shortly after, right in time for the end of the August vacation mon

Volatility tends to mean-revert, and the "mean" itself shifts lower over time. For a maturing asset, each successive cycles realized volatility (annualized standard deviation of returns) tends to compress toward the volatility profile of more established asset classes.
This has happened historically with. Gold in its early decades of free floating (1970s-80s vol was much higher than gold vol today). Major forex pairs post-liberalization. Equity indices as market cap and participant diversity grew.
The mechanism is simply more capital, more diverse participants (retail - institutions - derivati

Looking at the altcoin/BTC pair chart, I’d say that the only way to remain bullish for now would be to hold this point of control in volume right here and bounce back up crossing above the low range marked on the chart.
I’m saying this because, if this current level flips then the next time we return to the liquidity point from below which has held until now it probably won’t hold anymore, putting in a bottom at the macro support that was tested on 10/10.
Either way this chart will be interesting to monitor over the coming days/weeks because volatility is screaming that it wants to spark at an

Here’s a visual view of the solar eclipse seen from Barcelona