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Measured in Gold, Bitcoin didn’t make a new ATH yet this cycle.
Measured in USD the inflation plays a bigger part.
I guess in like 10 years it will be more common to measure the Bitcoin price in gold than USD.

https://www.tradingview.com/x/vdMML5Ib
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Today will be the monthly candle close. There are some parallels to the last cycle at this stage. Last time Bitcoin went parabolic around that time.

https://www.tradingview.com/x/NPGYfFpM
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A bullish retest of the daily 200ema would be healthy for Bitcoin before the takeoff 🛫

https://www.tradingview.com/x/wOGQPHEp
If Bitcoin doesn’t bounce soon, the weekly chart could get ugly if it completes the evening doji star.

https://www.tradingview.com/x/mCfoJiGW
bämRock Crypto Trading
The fear and greed index finally cooled down a bit
In the last bull runs the dips into the fear sentiment were always the best buying opportunities.
ONDO looks pretty good here and it’s in a huge descending broadening wedge (bullish).

https://www.tradingview.com/x/9dZUBMyx
2 out of 3 overlapping CME gaps have been filled today.
The last one suggests a 60k$ retest.

https://www.tradingview.com/x/feWjKGH5
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2025/07/08 14:52:36
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