BTC The inevitable has happened. After four months, price has finally filled the capitulation wick at $60k. This was the exact move I've been calling for over the past few months, while so many others were expecting $100k instead. But let's be honest. It was never a question of if this was going to happen, only when. I mean, for this thesis to be invalidated, the entire 4-year cycle pattern would have had to break, and there were just not enough valid reasons for me to believe that this was going to happen. Now that all major downside liquidity levels have been swept, the upside has become the by far more attractive path from a liquidity perspective. Although I still believe a deeper sweep to around $58k is possible, a small relief bounce in the short term becomes increasingly likely.(Max Trades)