Bitcoin
Long

Mid-Term Crypto Entry Setup is Complete

184
Colleagues, we're witnessing a rare and highly interesting situation: several key patterns have aligned to form a setup for mid-term buying of Bitcoin and promising altcoins.

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  1. The price bounced off the lower boundary of the ascending channel that Bitcoin has been following since the second half of 2022.
  2. Global monetary liquidity—shifted 10 weeks forward and historically strongly correlated with financial assets—is pointing to growth at least through the second half of May.

    snapshot
  3. On-chain metrics have turned upward and exited the sell-off zone.
  4. The cumulative imbalance reflects a shift in sentiment, with buyer-initiated trades now dominating.


Among the few negative factors, we’re still within the local downtrend and remain below the key range of the winter consolidation.

Short-term fluctuations and increased volatility are likely, but the dominant mid-term direction is now clearly defined.

Altcoins deserve a separate deep dive, but to put it briefly and at a high level — the situation is similar.
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