Fair point on the terminology. Whether we call it a 'Bull Flag' or a 'fractal pullback for liquidity absorption,' we’re basically looking at the same price action through different lenses. Labels aside, the core of my thesis is the spot demand vs. supply exhaustion we’re seeing on-chain. I’m curious though—if we get that sweep below $80k you're expecting, what’s the logic behind the second impulse failing to make new highs? With exchange reserves at multi-year lows and the halving effects fully baked into the supply side by now, a failed expansion would be a massive outlier. Would love to hear your reasoning on why the macro trend would break there
Fair point on the terminology. Whether we call it a 'Bull Flag' or a 'fractal pullback for liquidity absorption,' we’re basically looking at the same price action through different lenses. Labels aside, the core of my thesis is the spot demand vs. supply exhaustion we’re seeing on-chain.
I’m curious though—if we get that sweep below $80k you're expecting, what’s the logic behind the second impulse failing to make new highs? With exchange reserves at multi-year lows and the halving effects fully baked into the supply side by now, a failed expansion would be a massive outlier. Would love to hear your reasoning on why the macro trend would break there