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![Sykodelic_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1486095473710620674.png) Sykodelic 🔪 [@Sykodelic_](/creator/twitter/Sykodelic_) on x 43.7K followers
Created: 2025-07-26 12:47:01 UTC

Bitcoin couldn't be looking better.

Anyone who is bearish here doesn't understand what they're doing.

We just had the most significant trend break in Bitcoins history(8 year uptrend resistance)...

Whilst under the hood we have a very low level of froth.

Both aggregated funding and premium are at extremely low levels. Both of these show us whether market is favouring longs or shorts.

They are currently so much lower than all of the price moves we have had from the bottom so far...

And Bitcoin is now in price discovery.

And you can see just how crazy funding got towards the 64k top... price discovery moves are the moves that end with true euphoria...

And now look where the levels are at now.

Combine this with the 1W RSI, its clear as day.

This puppy is going to $200k.

![](https://pbs.twimg.com/media/GwyNH8MXgAEV3uQ.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949089071298498728/c:line.svg)

**Related Topics**
[hood](/topic/hood)
[bearish](/topic/bearish)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/Sykodelic_/status/1949089071298498728)