The tweet was deleted by the author.
But we saved everything 🙂.
Joao Wedson highlights the significance of key on-chain metrics for Bitcoin. In the latest analysis, Bitcoin touched the exact midline of the Structural Market Bands chart, a tool recognized as one of the essential on-chain indicators and developed by Alphractal’s Research team.
Wedson has recently discussed possible timing for a Bitcoin price bottom, stating that it may arrive before the launch of Grand Theft Auto 6 in a separate analysis found here. He also cautioned that $1.4 billion in Bitcoin positions could face liquidation if prices fall to $53,500, as detailed here. Both scenarios reflect Wedson’s ongoing focus on critical market levels and trader positioning.