$BTC and $GOLD keep taking turns to run. Goldbugs had their fun over the past year, but it looks like it'll be Bitcoin's time to shine again soon. Bottoming process could take a while still, but once we reclaim that grey box, Peter Schiff is in trouble.

Going along with the trend means making money; going against it basically means getting beaten. Right now, this market is very interesting: The long-short ratio has dropped to an absurd level, funding rates have been negative for a continuous week, and the more it falls, the more people go short. In this situation, what do the major players think? It’s simple—first, they will crush the shorts in a wave. That is to say, they will likely first push the price up to clear out all the stubborn short sellers, clean the chips, and only then move downward. So, my personal view on this rebound is very straightforward: it’s not over yet, and the final surge should at least reach around 76-78. If the pace is quick, you might see this in the next couple of days. But remember, after this surge, it’s basically the end of the rebound; what’s coming next is very likely: a correction or even a deeper decline. One sentence: First, they push to blow up the shorts, then turn around to harvest, that’s the familiar script.

this week below 70k loading $btc .......................