A small story about the weekly MACD on Bitcoin is telling us a very clear story, "exit liquidity" We haven’t had this yet. Until now Bitcoin itself and the indicators have only been building bullish momentum and structure, with the final phase still left to be printed.

My minimum target is the 118k–126k range, where we would see a complete sweep of the all-time high purely for liquidity reasons. I do not care about any of the 2022 bear market fractals—we are clearly not in that environment. I also don’t care about hopium-driven bulls sharing Elliott Wave patterns calling for 250k or 400k, that is also not happening.

The most realistic scenario right now, based purely on liquidity, is either those two levels (118k–126k) or, if momentum slightly continues, even 137k–150k. That’s it. After that, we can say it’s over, as whales and major players exit ahead of an upcoming downturn this year.

The 93k–94k level, where we are currently trading, is the only level stopping price from reaching the mentioned targets. Other than that, you can ignore anything extremely biased in either direction—it won’t happen.

This next move, the “exit liquidity” phase, will leave bears stuck in the 2022 fractal, and the four years cycle believers shocked by a new ATH when it was “not supposed to happen”. At the same time, bull maxis will be shocked as well, getting trapped while waiting for their 250k+ targets.

Either we get a simple exit liquidity move as usual, or a slightly higher one due to mixed sentiment from all sides.