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🚀 Bitcoin Rips 4% To $61K, The Wall Just Became The Floor The ceiling finally cracked. After bottoming at $57,950, Bitcoin has surged nearly 4% to $61,206, and this time it didn't get wicked back. It reclaimed $60K and is holding above it. For over a week that level rejected every rally. Now buyers are defending it from above. 📈 Where it stands: Price: ~$61,206 Bounced from: $57,950 (21-month low) The flip: $60K holding as support, not resistance July so far: green, up about 2.7% On the 1h, the structure has genuinely turned. Price printed a change of character up, broke structure to the upside, and each pullback is now holding higher. That is the definition of a short-term trend flip, buyers stepping in on dips instead of sellers capping every pop. The old $60K wall becoming a floor is the exact behavior a real reversal needs. What's fueling it lines up. July is historically Bitcoin's strongest month, whales quietly accumulated over 270,000 BTC into the panic, and leverage got fully flushed during the drop, leaving room for a clean move up. But stay honest: this is still a recovery test, not a confirmed bull trend. The next real hurdle is the $62,450 zone, and the record June ETF outflows still need to reverse before this sticks. What to watch: Reclaim $62,450 and hold, and the path opens toward $64K, the level that flips the bigger trend. Lose $60K back below, and this becomes another fakeout toward $58K. A trend flip on the lower timeframe is real progress, but chasing after a 4% vertical move is how you buy the local top. Let price hold $60K and clear $62,450, then act. Confirmation beats FOMO. Real reversal starting, or a relief rally into resistance? Not financial advice. $BTC $ETH $BNB

$BTC My macro bottom call, in one trade Just a quick one because despite some explanation there are still some (new) people confused as to why I still hold on to the 60k level as my "bottom call level". The answer is quite simply the difference between actual trading and engagement farming. Where the engagement farmer tries to talk about the bottom with repeated posts of vague and broad levels and numbers, with the sheer goal of trying to be right ("we will rally", "we will go higher from here", "the low is forming", "I closed my shorts" etc etc). Just to be able to tell you "I told you so", without any actual positions mentioned or taken. X is a lot about engagement farming, it after all is what generates traffic, all power to the engagement farmer. But since we aim to trade this market optimally, that is not of our interest. So let's not identify ourselves with that. Let's not try to aim to "call the 60k bottom perfectly" and then morph posts in ways that may look good after the fact, just trying to be right and nothing else, whilst deleting old wrong tweets and what not. Let's just treat this bottom call like any other call, a proper live call with realistic (but bold) expectations. The same way a proper trade works, which I framed so on the chart below. 60k is my estimate, 50k is where I no longer believe my bottom call is correct, and new ath's is where I make money. That's 6.5+ in "loss-to-gain" ratio, a large amount. It is indeed a bold and aggressive call, made since Feb. Framing it like this is how actual gains come to fruition, especially when only a small minority believes in it, sticks to it and aligns their capital with it. This is of course not a trade I took in the literal sense, this is a virtual trade. No one taking these markets seriously takes a long trade like this, you would lose a third of the gains in funding. It merely represents my spot plan, and weekly bottom bias (different to weekly bias, weekly bias can incorporate countertrend rallies along the way). Locally, things can change, I can call this plan off earlier for good reasons, or hold through slightly longer for more risk, although also only for very good reason only. So with this, all doubts and unclarity of how I view and go about a live bottom call, are lifted. The goal is not to call the bottom in an aggressively down trending market to "scalp" a 100x long on that. Again you lose most profits in funding so there is no real added value in that. So although it looks pretty, there is no need to nail a bottom perfectly to make money consistently. In reality, it only helps to create engagement and morph expectations. Reality check in place, plan in place and the trades continue.

A rare TD9 setup has appeared on BTC’s monthly chart, last seen in July 2022 — closer to the final phase of the previous bear market. This is not a guarantee of a bottom, but the market has received a signal that traders usually watch very closely. ➡️ What happened A “perfect” TD9 setup formed on Bitcoin’s monthly chart This is the first such signal in the downtrend since July 2022 The indicator is often used to find moments when a trend may start running out of steam Analysts see it not as an entry point, but as an important turning zone ➡️ What TD9 means in simple terms TD9 looks at a series of 9 consecutive candles If the market keeps closing below previous levels for a long time, the indicator may show seller exhaustion Such a signal does not mean automatic growth But it helps understand that downward pressure may be approaching its final stage ➡️ Why 2022 is being mentioned The last similar signal appeared in July 2022 Back then, Bitcoin did not reverse immediately The market needed about 5 more months to finally form a bottom So the current signal does not really say “the bottom is already here,” but rather “the bear trend is entering a dangerous phase for sellers” ➡️ What else supports the reversal idea Bullish RSI divergences are appearing across different timeframes RSI shows that the market is oversold At the same time, the price can still make new lows, but the strength of the decline is already weakening For many traders, such divergences are one of the main signs of a future recovery ➡️ Where the risk remains Part of the market is still waiting for new lows before a real reversal One of the popular downside targets is around $55,000 Based on cycle comparisons, the current bear market may be roughly two-thirds complete So a sharp bounce is possible, but the scenario of one final flush lower also cannot be removed Conclusion: Bitcoin’s bear market cannot officially be buried yet, but the first major signal of seller exhaustion has already appeared. If TD9 holds and RSI divergences continue to strengthen, the market may move from the panic phase into the bottom-building phase. $BTC

Bitcoin has reclaimed the support area, and we will see if it is able to hold above this level. The market is still in an uncertain zone, so let's observe how it unfolds.$BTC