Blotienso

Bitcoin has dropped below $67,000. Down $1,000 since the US market opened 20 minutes ago.

Breaking News: Gold futures prices continue to decline and fall below $4,900 per ounce as negotiations between the US and Iran conclude.

Prices Drop, Accumulation Increases: Smart Investors Buy When Prices Fall
Bitcoin's inflow into accumulation addresses has surged to the highest level since early 2022. Even when BTC prices decline, large investors (whales) still see this correction as a buying opportunity, accumulating at discounted prices while retail investors panic sell.
Historically, massive accumulation during periods of panic often signals upcoming bullish runs — in 2022, similar behavior by whales near the $20,000 mark marked the bottom before prices skyrocketed to $126,000.

Breaking News: The Republican Party's chances of winning the U.S. Senate in the midterm elections have dropped to a record low of 60%.
Currently, the Democratic Party is also predicted to control the House of Representatives with an 83% probability, according to Polymarket.

The current price movement of $ETH is similar to the price movement in 2019.
It accelerates upward, then adjusts downward.
The theory remains unchanged:
- Break through the 0.03250 level and continue to rise from there.
- Test the price level of 0.02600 and continue to rise from there.

Next week will have several important events for cryptocurrency holders 🚨
▫️ 2/18: The Fed's FOMC meeting minutes will be released
▫️ 2/19: U.S. initial unemployment claims data will be released
▫️ 2/20: Core PCE inflation, Q4 GDP, manufacturing PMI, Supreme Court tariff ruling
The most significant events happen on Friday, and the market will be closely watching.
I am particularly paying attention to the Supreme Court tariff ruling and Q4 GDP data, as they will shape the next market trend.

Weekly Bitcoin Analysis
On the weekly chart, the 20-week MA has fallen below the 50-week MA. A similar crossover occurred in 2022, just before Bitcoin entered a deeper correction phase.
Following that signal in the previous cycle, BTC printed 9 consecutive red weekly candles.
In this cycle so far, Bitcoin has never printed more than 4 consecutive red candles, making this moment very significant.
If this week also ends in red, it will confirm continued structural weakness. The price has lost the weekly support level of $75K, opening the door to the $60K near the long-term support zone.
From he

The situation is similar to 2008 in China is repeating:
New home prices in 70 Chinese cities fell -0.4% month-on-month in January.
Compared to the same period last year, home prices decreased -3.1%, marking the strongest annual decline in 7 months.
Out of the 70 cities surveyed, 62 cities recorded price declines, up from 58 cities in December.
Chinese home prices have now fallen in 43 of the last 46 months, the worst streak of declines on record.
In the used housing market, home prices dropped sharply by -7.6% year-on-year in first-tier cities and over -6.0% in smaller cities.
Meanwhile, new r

It takes 1.5 years for BTC to fill a gap on the CME exchange formed during the 2022 bear market.
Currently, Bitcoin has a gap on the CME exchange at $84,000. I hope we won't repeat the history of 2022.

BTC price experienced slight fluctuations over the weekend but ultimately traded exactly at the CME closing price on Friday when the market reopened on Monday.
Weekends like this often present good opportunities for swing trading/day trading. 9/10 times, the price will return to that point within the first few hours after the futures market reopens. So, it's a pretty good trade if there is significant volatility like this weekend.
In rare cases where the price gaps and does not immediately fill the gap, that's when your risk management skills make a difference :)

BITCOIN IS ON THE LONGEST DECLINE CHAIN IN 7 YEARS
The sell-off still hasn't stopped.
February has decreased by -13%.
If it closes at this level, Bitcoin will record 5 consecutive months of decline — the LONGEST losing streak since 2018.
The total decline has reached nearly -40% over approximately 5 months.
One of the strongest prolonged sell-offs in Bitcoin history. 🔥

If we take a broader look at macroeconomic factors, it's clear that the gold market has not yet peaked.
Yes, it may reach a short-term peak and undergo a correction period of 1-2 years, but that doesn't mean we are not in a larger bull market for gold.
In fact, I believe that is the case.
That's why I will buy gold when the price drops another 30-50%.

In the DeFi lending and borrowing sector during this bear cycle, the focus should be narrowed down to two names: Aave and Morpho.
With Aave, the advantage lies in its position as the "big brother" in the on-chain lending space. The circulating token supply is fully distributed, and unlock pressure is no longer significant. The demand for stablecoin borrowing is increasing, and the stablecoin market size is now much larger than in previous cycles, while the trend of RWA gradually shifting onto the blockchain also provides long-term momentum. Internal fluctuations between Labs and DAO may pose