Crypto Rover
Crypto Rover|May 11, 2026 14:13
THIS WEEK MIGHT BE THE TOP FOR BITCOIN. And the history backs this. Since inception, BTC has always repeated one thing. A dump, 749 days after having. In 2014, this led to a 65% crash. In 2018, this led to a 64% crash. In 2022, this led to a 52% crash. And there are reasons to believe it could happen again. 1) Open Interest spike Recently, Bitcoin recorded the largest monthly OI spike of 2026. This is the same with alts, as people are now trying to chase the pump. Usually, when OI goes up this fast, a liquidation cascade often follows. 2) New Fed Chair A new Fed chair will most likely be confirmed this week. Every time a new Fed Chair has been confirmed, BTC has dropped. Given that Kevin Warsh can't do easing soon due to rising inflation, markets could start pricing in the hawkish Fed. 3) Stock euphoria The stock market has been going absolutely parabolic right now. It's almost a certainty that they'll cool off soon. When stocks hit a new ATH, BTC and alts remained way below their highs. What'll happen when stocks go through a correction? IMO, the timing of BTC's peak could be off by a week or two, but the likelihood of a local top is going up with each passing day now.(Crypto Rover)
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