Bitcoin just tapped $67k zone this week.
CT is split in half. Half say "100k EOY confirmed". Half say "fakeout before a dump to 50s".
Here’s what the data is actually saying right now.
1. The Bull Case
- ETF inflows: Spot BTC ETFs saw $480M net inflows this week. That’s 4 weeks straight of green.
- Halving effect: We’re 17 months post-halving. Historically, this is where the biggest moves happen. 2013, 2017, 2021 all peaked..12-18 months after.
- On-chain: Long-term holders are not selling. Exchange reserves hit a 5-year low. Less BTC to sell = less supply.
Target if this holds: $74k resistance, then price discovery.
2. The Bear Case
- Funding rates: Perps are overheated. Funding is +0.03% every 8 hours. That’s how tops form.
- Macro: Fed still hasn’t cut rates. DXY is bouncing. Risk assets usually struggle when dollar is strong.
- Leverage: Open interest hit $38B. One big liquidation wick could take us to $58k-$60k fast.
If $64k breaks, next support is $55k-$57k. That’s where buyers stepped in last month.
3. The Smart Money Move Right Now
Most pro traders aren’t going all-in or all-out. They’re doing 3 things:
- Take partial profits above $65k. Lock in some USDC at 5-6% APY.
- Set buy orders in the $54k-$58k zone. If we get it, great. If not, still in profit.
- Ignore the noise. The plan was made in the bear market, not during the pump.
The Real Question
Will BTC be going to $100k? Probably. The 4-year cycle says yes.
Will it be a straight line? Absolutely not. Expect 20-30% wicks.
Question for LEO:
Where are your buy/sell levels?
Are you stacking more here, or waiting for a dip to $55k?
Drop your strategy below. No hopium, just levels 👇
IMAGES IS AI
