Let’s start this week’s post with the obvious technical setup. Bitcoin just printed both a 13 Sequential and a 13 Combo on the daily chart. For those unfamiliar, these DeMark indicators often mark exhaustion points within a trend—zones where momentum begins to fade and trend reversals become more likely. While not infallible, history shows that Bitcoin tends to respect these signals unless there is overwhelming strength. For the bulls, the one technical “out” is a decisive breakout above 114.8K. Such a move would cancel the 13 count and echo the kind of momentum we’ve seen in gold, which has historically powered through 13s when macro conditions aligned just right.

Chart 1.a: 13s demark on BTC