Been calling this for a while. Now I can confirm it… and finally make a fun meme out of it.
Global liquidity has been one of the most reliable indicators for Bitcoin’s movement. It makes intuitive sense - liquidity expansion typically needs to outpace BTC price for sustained upside.
The ETF launch distorted things temporarily. The price action didn’t quite line up with the liquidity signals I usually follow, which never sat right with me.
I also track Elliott Waves, something a lot of people reference but rarely apply correctly. From what I’m seeing, the monthly structure still looks like a Wave 3. Wave 5 would still be ahead. There’s likely more runway.
I might record a breakdown video at some point. Mostly, I just enjoy documenting my proof of work. I’m comfortable being wrong. Markets change, and I adjust when they do.
Today ^^