We've had euphoria at 70k. We had smart money take profit into it. We formed a consolidation range. Now, we are at it's lows.

If you believe Bitcoin will hold -- now is the time to keep believing. Otherwise, we've got a bit of a shake out ahead of us.

Here are the levels 👇

This fractal needs to be studied

Don't overcomplicate your trading in bull markets

Buy, hold, make sure to not get liquidated

That's it.

Yesterday was a lesson

Looks like we've got heavy whale plunge protection at 40k

Not going below that any time soon

Welcome to the new >40k BTC regime

This is still the case.

Found a curious coincidence (or not)

About 10,000 BTC moved on 6th of Feb just before the run up...

Probably a large OTC trade.

Gotta watch out for those $3000 whales next time.

Don't forget we've got the halving too

Macro outlook $BTC

Unless we've got a 2019 situation brewing, #Bitcoin has a long way to go still

Once picture is worth a 1000 words 📸

Gm 2024 💫

This is why you need onchain data

If you are planning on getting into trades, the risk reward profile is super simple right now 👉 highly unlikely we will be going below $28,000 anytime soon

Closest area of concern imo

Final part is up. All secrets uncovered :)

Definitely let us know if you want us to keep writing these!

medium.com/whale-map/top-…

The juicy part 3 👇

Here we go over, what *exactly* whale bubbles show and how to trade them.

Hope you enjoy!

medium.com/whale-map/trac…

Part 2: An intro into how the UTXO set can be used to build charts such as realised price, HODL waves, etc

Tried to make everything super beginner friendly

Last 2 parts coming soon

medium.com/whale-map/anal…

Decided to do a short 4 article series on how to calculate whale bubbles from the ground up beginning from 'What the *** are UTXO'

Enjoy!

medium.com/whale-map/what…