RawlalGaib

Just a reminder that DVOL has reset back into the 35/40 area, which means once again that expansion is likely coming soon in some form or another. This is quite positive if you ask me especially since we are now finally bouncing in the cloud, which adds to the conviction that it wants to constructively move higher.
Pay attention to altcoins during this period, especially from now on because they can start getting a small taste of the flow from Bitcoin into them.

Let me explain why 100k matters that much. You see, in previous bull market cycles, every OG at that time was screaming that Bitcoin would reach 100k, and every cycle they were wrong. Until this cycle, where Bitcoin broke through the 100k milestone with the help of institutions and ETFs.
At first, when we got there OGs sold because their long awaited target was reached, so after a short distribution phase, it plunged -32%. Later on, institutions and ETFs bought up the supply which sparked a supply shock back above 100k. At that time, the market thought we'd push higher even the OGs who initial

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