Apparently this is the "bear market" now, guys.

Yup, you heard it right. Pack it up. Bitcoin is done. We should have seen this in all our TA.

Oh wait... that's right

Global liquidity is really the only thing that matters... and my friends, it is ramping up. This economy sucks donkey balls and they are going to have to lower rates and start QE soon. This will set off tech stocks and Bitcoin will explode, and I do mean explode. There is no getting around it with global liquidity simply because BTC is correlated to global liquidity the most in the entire market. The S&P is a close second but Bitcoin's finite supply and small market cap for the market demand make it balloon in price compared to S&P

Money supply goes up, Bitcoin follows about 60-80 days later, like clockwork.

Furthermore, even if $109k were a local cycle top and a "bear" did happen. Where the fuck is it going to go? $69k was the last top and there will be MASSIVE support there if this did turn around somehow.

So its like, that's just a huge buying opportunity. I would love if that happened but I have bad news; it's not fucking happening.

You and I are not that lucky, just like I said when it was under $20k; THIS IS LUCKY, we are not lucky enough for $12k BTC. That is too easy.

Stay humble out there I don't think we've seen the good part yet