#Bitcoin Secondly, don't think this will be an ascending | Crypto Flash on Binance Square

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#Bitcoin  
Secondly, don't think this will be an ascending wedge (bearish). 
At the Hourly level, I interpret this as an ascending triangle of sorts. Sustained buying pressure over time meeting weakening (inconsistent/anomalous) resistance. 
(2/2)
$BTC 

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#MicroStrategyAcquiresBTC Following up on this... Would be nice if #BTC just gave us a normal right-translated cycle. But to make sure we avoid tunnel vision, topped 54 weeks after that ETF launched, and got a correction starting week 55. #BTC ETF launched 55 weeks ago (and BTC just put in a new ATH in week 54). Clearly these analog comparisons usually fail, but the general idea was that we could reach at least a short-term top around January 20th due to euphoria around the new administration leading to deregulation and Gary Gensler resigning. We also have former self-proclaimed "BTC maxis" launching memecoins so perhaps the market needs to get those guys back in line.

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#MicroStrategyAcquiresBTC Interested to see where this leads us. Behind all the panic and the DeepSeek momentum, Yields are falling of a cliff. If the $DXY starts to show weakness, then I assume we'll see $ETH / $BTC rotate upwards.

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#BinanceAlphaAlert Request 04 - $XRP When the volatility starts to pick up momentum, that's the moment you'll zoom out to get the best entry points. In this case it worked on $XRP , almost doubled since. New entry points? They are hard. Would go <$2.80 for an optimal one. Is $10 possible? Yes.

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#TrumpCryptoOrder The 10-Year Yield has fallen from 4.80% to 4.50%. Matter of time until $ETH / $BTC picks up and has positive momentum as the correlation between the two is significant.

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#TrumpCryptoOrder For the 1 year running ROI of #Bitcoin to stay at approximately 2x, the price of BTC would need to move up to the $120k-$140k over the next few months. If BTC can do that, it would be more evidence of a normal right translated cycle. It BTC cannot do that, then we may have to look at other ideas, like left-translated. But even in the case of left-translated, the price of BTC would still likely be around 6 figures even in Q2/Q3 2025.

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