⚡️ BTC Quick Thoughts - Feb 23
Honestly, ignore the noise at $65k. We’ve seen this movie before. Everyone panics over a 15% monthly dip, but the macro structure for $BTC is still holding up remarkably well.
The $64.7k - $65k area is clearly being defended by people with way deeper pockets than us. On-chain, the LTHs (long-term holders) aren't selling—they’re actually adding to their stacks while retail gets shaken out. Plus, the daily RSI finally has some breathing room after that massive run.
As long as we don't close a daily candle below the $64.7k floor, I’m still looking at $68k as the next hurdle. Reclaim that, and we’re likely heading straight for $80k+ this quarter.
Stay patient. The supply shock hasn't even fully kicked in yet. 🛡️
#Bitcoin #BTC #Macro #Nostr #StackSats #Crypto2026
Honestly, ignore the noise at $65k. We’ve seen this movie before. Everyone panics over a 15% monthly dip, but the macro structure for $BTC is still holding up remarkably well.
The $64.7k - $65k area is clearly being defended by people with way deeper pockets than us. On-chain, the LTHs (long-term holders) aren't selling—they’re actually adding to their stacks while retail gets shaken out. Plus, the daily RSI finally has some breathing room after that massive run.
As long as we don't close a daily candle below the $64.7k floor, I’m still looking at $68k as the next hurdle. Reclaim that, and we’re likely heading straight for $80k+ this quarter.
Stay patient. The supply shock hasn't even fully kicked in yet. 🛡️
#Bitcoin #BTC #Macro #Nostr #StackSats #Crypto2026
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