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The inflow flips positive! #Bitcoin has seen the first positive inflow day since the 26th of August. Fueled the breakout above $56K.

#Bitcoin did invalidate my bearish setup and broke through $56K. I'd like to see this scenario play out, have a slight retest at $55-55.5K, and run up from here to $60-61K in the coming week. It looks good.

#Bitcoin made a significant bounce and reached $54,800-55,200. I don't know whether we're continuing that pace in one go. It's CPI week, another big data point. Expecting liquidity to be taken and then <$53K before we go back up. Invalidated if break above $56K -> positive.

In general, the current state of the economy is calling for a bigger crisis than the one we witnessed in 2008/2009 #Bitcoin's origins are from that particular crisis, and I expect Bitcoin to be a safe haven in the future. A flight towards safety against bank failures.

The #Bitcoin chart valued in the S&P isn't showing much of momentum, but it also shows that we're copy/pasting the previous cycle. Where are we? Second half of 2019. The big bull is still to come.

The #Bitcoin dominance might be peaking. A massive bearish divergence starts to exist, and #Bitcoin pairs are increasing while Bitcoin is correcting substantially.

Well, indeed. Drop to take liquidity. Probably short bounce upwards on #Bitcoin, before we take liquidity sub $52.5K and, potentially create a bullish divergence and reverse. If not, then $48K is next. The pain is almost over.

It's all about perspectives. If you value the price of #Bitcoin against the S&P, then it's still down 35%, just like any other cycle. This also means that we're close to the end of this current correction.

There we go; markets took liquidity above and are puking and taking liquidity on the downside. Likely we’ll be seeing $53-54K before we’ll surge back upwards. What’s crucial for #Bitcoin? Reclaim $56K first after the dip.

#Bitcoin continues to fall and we were assuming it would. Took the liquidity beneath the recent low and doesn't continue to fall, although I think we will. Perhaps we'll take the liquidity at $54.3K and reverse upwards, target then is $57.3K.

The lower timeframe picture on #Bitcoin is highly boring. Took the liquidity above $58.2K and dropped back. Most likely, we'll take the liquidity lower at $54K and then reverse back up, but it's event week. Crucial levels: $56K / $58.2K. Either will provide direction. https://x.com/CryptoMichNL/status/1831693778027209139?t=yMPNBbh3Lnm-j7Fl2Fth1Q&s=19

The markets are correcting. Liquidity has been taken, but it doesn't provide the actual bounce upward we wanted. If that's the case, then $53K is likely, or even $49K, before the reversal happens for #Bitcoin. It's still early September.