BTC finally tested that resistance wall at 97-98k we've been watching. Started shorting in early December when we spotted distribution patterns, then pivoted to long accumulation zones near month-end. The relief rally paid off big—locked in solid gains as the move played out. Right now on the longer timeframes, I'm sitting neutral. The setup feels complete for now, but keeping close tabs on what's next.
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FlashLoanPhantom
· 01-18 00:01
Wait, can you reveal more details about this move? How did you determine the distribution and start shorting?
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LightningHarvester
· 01-16 15:55
The 97-98k threshold has finally arrived. I said it was right all along.
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RegenRestorer
· 01-15 01:44
The 97-98k threshold has finally fallen, I knew it would happen a long time ago.
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LiquidityWitch
· 01-15 01:43
tbh the distribution-to-accumulation transmutation here hits different... that 97-98k wall wasn't just resistance, it was the crucible where the weak hands got alchemized into liquidation sacrifices. the relief rally was brewing alpha the whole time, ngl. neutral on longer timeframes? that's just the calm before the protocol arbitrage spells start crackling again imo
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DisillusiionOracle
· 01-15 01:42
The 98k hurdle is indeed tough; I already said this was going to happen.
BTC finally tested that resistance wall at 97-98k we've been watching. Started shorting in early December when we spotted distribution patterns, then pivoted to long accumulation zones near month-end. The relief rally paid off big—locked in solid gains as the move played out. Right now on the longer timeframes, I'm sitting neutral. The setup feels complete for now, but keeping close tabs on what's next.