$Bitcoin Is 4.5% Away From a Signal That Appeared Only Once Before
Most traders are waiting for a breakout.
Smart money is watching something quieter.
$Bitcoin is currently ~4.5% negative on a 1-year basis. That might sound irrelevant — but history says otherwise.
In July 2020, $BTC flipped from negative → positive yearly performance.
What followed wasn’t noise. It was a full bull cycle.
📉 What’s different this time?
Selling pressure is down 95% (exchange inflows at 6-month lows)
$BTC is holding above the 20-day EMA
Short positions dominate longs by ~89%
Price is compressing inside a cup & handle structure
A daily close above $94,880 flips the yearly chart green and confirms the breakout.
Targets: $99.8K → $106K
Below $89,230, the structure fails.
$Bitcoin isn’t weak.
It’s coiled.
Sometimes bull markets don’t start with hype —
they start with a small percentage nobody notices.
#bitcoin #analysis #Write2Earn
