CAUTIOUS
Crypto
The Ending Diagonal Under Pressure: Bitcoin’s Three-Door Setup
A weekly ending diagonal aimed at 50K looked defensible until this rally. Wave geometry says it broke, weekly volume says wait, three trades stay open.
A weekly ending diagonal aimed at 50K looked defensible until this rally. Wave geometry says it broke, weekly volume says wait, three trades stay open.
Bitcoin's stall near 80K reads like a top forming, but the recent tape looks more like a two-sided liquidity sweep than the start of a real bear leg.
Bitcoin punched through the 67.4K ceiling after two months of narrow range trade. Four pattern checks argue the reversal usually waits weeks.
Korean demand left bitcoin in May. Then the stocks it moved into fell more than 40%, and the kimchi premium still has not crossed zero.