Ivan on Tech breaks down Bitcoin's latest drop, calls out the euphoric crowd that got it wrong, and explains why the real opportunity is just around the corner.
Key Points
Key Highlights:
- Bitcoin broke below 70K with the next major support sitting at 65K, after that the big buy zone comes into play
- The April and May rallies were textbook bear market bull traps, lower highs in a clear downtrend that emotional traders mistook for a new bull market
- Michael Saylor selling Bitcoin is actually healthy, removing the "infinite money glitch" narrative and the Wizard of Oz effect propping up sentiment
- While crypto bleeds, AI stocks like Micron, SanDisk and HP are up 88 to 140% since their bull flips, rewarding traders with a 360 approach
- A proper Q4 bottom with full capitulation is needed before the real bull market begins, setting up a strong 2027 to 2029 cycle
Takeaway The souls have not been crushed enough yet. When everyone is fully capitulated and begging to get out, that is when the bottom is in and the next bull market begins. Patience now means profit later.
