$BTC is on track for its longest monthly losing streak since 2018.

#Bitcoin #Wyckoff Accumulation - Jan 30th

#Liquidations 🩸

🔴$630,000,000 IN LONG POSITIONS HAS BEEN LIQUIDATED IN THE PAST 60 MINUTES.
🔴According to CoinGlass data, In the past 24 hours, 355 972 traders were liquidated, the total liquidations comes in at $1.60 billion.
🔴The largest single liquidation order happened on Hyperliquid - ETH-USD value $13.38M.

🚨 4 red months in a row for Bitcoin

✅October -3.69%
✅November -17.67%
✅December -2.97%
✅January -10.17%

USDT.D UPDATE:

Retesting the strongest midterm level, from here we should be expecting to see some rejection to the downside. which should lead to a strong move to the upside on the crypto market.

Tom Lee has invested $15 billion in ETH over the last eight months.

His portfolio is now down over $6 billion ‼️

If he were to sell, he would take a -5% price impact and lose 7 billion dollars ‼️

He needs ETH to hit $7,000 just to exit at breakeven. WOW.

Bitcoin PREMIUM UPDATE:

If we break from above of this hidden trend, bitcoin is going to correct to the upside. Be ready

Bitcoin is now trading below the average cost basis of 🇺🇸U.S. spot ETFs for the first time since September 2024.

Year in, year out,

New faces in, old faces out,

Debt keeps rising, same old route.

None of us own enough hard assets

There’s a 91% chance we get no rate cut at the next FOMC in March.

Keep an eye on these odds, they are absolutely crucial for crypto.

If we dont break 73k - 70k, there is a good chance that Bitcoin is going for 90k - 120k from here.

$USDT.D Update:
Weekly Chart

As you can see we are rejecting off of the same level we have shared with you recently, if this holds, we could expecting to see some pullback to the upside on the crypto market.

Bitcoin strongest support is known as 73K already even since the past.

Liquidity works like magnetic, 24b of shorts to be liquidated on 110K. 👀

ETHUSDT Update: 1h

This is the trendline that will flip things on Ethereum,

The bullish move will happen once we break from above of it.

U.S. JANUARY ADP NONFARM PAYROLLS RISE 22,000; EST. 46,000; PREV. 37,000

Bitcoin is now officially under the green band of the Mayer Multiple Z-Score, which is usually reserved for deep bear market corrections.

It can still take months before finding a bottom but $BTC is in a period in history typically reserved for the darkest days of bear markets.

We have noticed a strong pullback on bitcoin around the psychological price of $60,000 which created a long wick on the weekly candle. Which today was the last opportunity before big companies close on the weekend. Which will result to a good candle on the weekly timeframe

Which means that the next two weeks we will create a long range, which will be decided on tonight’s candle, and weekly closure. We will post an important chart for you within the next couple of hours.