💬 Some analyst notes on BTC and the market:

1⃣Retail demand has changed -21.7% over the past 30 days.

2⃣#BTCFutures Open Interest (OI) shows declining speculative momentum. The medium-term trendline (30-day SMA) has peaked and is now slightly declining, while the short-term trendline (7-day SMA) has moved below it. This indicates that traders are closing positions in response to uncertain market conditions.

3#Bitcoinwhales [1K - 10K] continue to accumulate more $BTC.

4⃣Bitcoin has been consolidating for 63 days now.

5⃣ If we look at Bitcoin's performance since the halving NOW compared to all previous cycles, what do we see? - The price has fallen around this time in all previous cycles. - The price eventually rises. Patience is a virtue in Bitcoin.

6⃣ 100-day moving average MVRV: Bitcoin has not yet reached the maximum price of this cycle “The MVRV has reached a value of 3 at the market peaks in the last two cycles, while it is currently at 2.14… we can say that Bitcoin is preparing to move to the maximum price of this cycle.

7⃣ Bearish scenario: If the market repeats events similar to the May 2021 reset, Bitcoin could fall to levels between $66K and $60K. These zones correspond to metrics such as the active realized price and the true market average price, which calculate the ideal average price of the blockchain, excluding newly mined coins.

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