Published 21 Jun 2026, 13:25 UTC · fetched 3 Nov 2026, 10:59 UTC
That Martini Guy ₿
@MartiniGuyYT
Bitcoin volatility is starting to look very similar to the last major breakdown setup. Not identical. But similar enough that I'm paying attention. The interesting part is that the last time volatility compressed like this, we actually got a small move higher before the real move lower started. That's why I'm not ruling out a push higher first. But if that happens, it doesn't automatically make the bearish thesis wrong. A lot of traders confuse being early with being wrong. Looking at exchange balances, around 3,000 BTC left exchanges over the past 24 hours while roughly $100M of USDT moved onto exchanges. On paper that sounds bullish. The problem is it doesn't look like aggressive accumulation. It looks like people are dollar-cost averaging. And DCA buying doesn't stop markets from falling. To stop a larger move lower, you need conviction. You need real spot demand. You need a genuine shift in sentiment. Right now I don't see that. The market still feels heavy. And until that changes, I'd be surprised if Bitcoin suddenly starts ripping higher from here.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Repeated same-asset, same-direction calls count once, anchored to the first eligible post
Uses only text available at publication time
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