Now everybody’s rushing to shout “crash,” pointing to the ongoing geopolitical nightmare and inflation. Yet what if they’re actually missing the larger point? What if all this volatility is actually what Bitcoin has been waiting for to take off to the moon. My name is Haruto Watanabe, and I’m here to let you know that the data points toward a much rosier picture.
Chart 1: Altcoin Exodus? Think Again!
The first chart to paint the bullish picture are the altcoin inflows to exchanges. And now, everyone’s wringing their hands, saying the withdrawal shows weakness. I say it shows strength. History has told us that during every market top, altcoins rush to exchanges when the herd panics and dumps their lower cap assets. We're not seeing that.
Think of it like this: it's like a game of musical chairs. When the music suddenly stops and the market becomes even a little turbulent, the weak hands flee into utter chaos, panic selling everything they own and dumping their altcoins. The whale money? They’re stacking up their Bitcoin.
On their behalf, because they know that in the crypto world, Bitcoin is the ultimate safe haven. This is particularly the case as established markets start to falter. This isn't fear; it's strategic positioning. Perhaps more importantly, though, institutional investors—the whales of the crypto world—lie in wait. They stand ready to deploy additional capital at just the right time. They're not scared; they're calculating. This chart isn’t an alarm bell blaring “crash”— it’s an urgent whisper saying “opportunity.”
Chart 2: Bitcoin's Bouncing Back Bravely
The second chart is Bitcoin’s continued resilience just above the $103,000 mark. Look closely at the daily chart. The answer is yes, we did, indicative of some panic selling, witness the volume spike on this recent dip. What happened after that spike? A rapid recovery.
The 50-day SMA near the $103,400 was a strong support point. This is not just an arbitrary number, it’s a red line. That’s why it was cause for celebration when that was where buyers finally jumped in, indicating deep buying demand. Such price action brings to mind a coiled spring, compressed and about to spring free. Every consecutive time Bitcoin tests this support and holds, it advances a foundation for the next upward move.
- Support: $103,600
- 50-day SMA: $103,400
- Resistance: $109,300, $112,000 (All-time high)
Inflation remains persistently high, and US Treasury yields have been spiking, adding additional pressure on markets. How can Bitcoin not be a hedge against exactly that? Provide digital scarcity in a world of digital money printing. It’s a much-needed lifeboat in a fiscal sea of financial uncertainty.
Maybe for the first time in our lifetimes, governments and central banks are making a deadly gamble with monetary policy. In doing so they’re printing money to infinity, destroying the value of all fiat currencies and stealing the value of all normal everyday people’s purchasing power. Bitcoin is an escape hatch from this matrix. It’s a powerful opportunity to harness the winds of change and take your financial destiny into your own hands.
Chart 3: The Calm Before the Crypto-Storm
The third chart is not a standard chart — it’s a mental chart. It's the chart of historical Bitcoin cycles. Look back at previous periods of volatility. What followed? More often than not, a significant breakout. Bitcoin is never a straight line—it’s a boom and bust cycle. With each boom, it gets a little crazier.
Think about the Israel-Iran conflict. Horrible, yes. But a tragic reminder of the frailty of the old guard of finance. Geopolitical uncertainty sends investors scrambling towards safe haven assets. Gold has benefited, but so has Bitcoin. Bitcoin has the benefit of being highly portable and censorship-resistant. It’s the best store of value for an unhinged world.
What about the "experts" predicting doom? Remember the pandemic? The 2008 financial crisis? How many "experts" correctly predicted those events? Very few. And even fewer still realized what Bitcoin could be. Don't let fear dictate your investment strategy. Do your own research. Look at the data. Think critically.
What may seem like a failure today is not a failure at all, rather a move to consolidate. Bitcoin is just biding its time, getting charged up for its next big move. And if you don’t stay on your toes, you could end up losing out on the ride of your life.
This is not financial advice. I’m just sharing my opinion based on the numbers. Invest at your own risk.
