<p>Bitcoin just closed above a key bear market resistance level, but Mike still isn’t ready to call a regime shift. Ryan and Mike break down why this rally looks stretched, what $79K, $82.7K, and $85K are signaling, how weak spot volume and rising macro risk could slow momentum, and why June may be the real test for bulls.</p><p>----<br>📣GALAXY | INSTITUTIONAL DIGITAL FINANCE</p><p>https://bankless.cc/Galaxy  </p><p><br></p><p>----</p><p>🎯THE DEFI REPORT | FOLLOW &amp; SUBSCRIBE</p><p><a href="https://thedefireport.cc/tdr-rss">https://thedefireport.cc/tdr-rss</a> </p><p>https://thedefireport.transistor.fm/</p><p>https://x.com/the_defi_report</p><p>https://x.com/JustDeauIt</p><p><br></p><p>----</p><p>TIMESTAMPS</p><p><br></p><p>0:00 Intro</p><p>1:45 Bear Market Symmetry</p><p>6:00 Comparing Past Cycles</p><p>14:05 Who’s Selling at 80K?</p><p>19:23 Weak Market Conditions</p><p>23:10 Momentum Starts Fading</p><p>27:37 June’s Historical Weakness</p><p>29:12 Key Bitcoin Price Levels</p><p>32:40 Closing &amp; Disclaimers</p><p><br></p><p>----</p><p>Not financial or tax advice. For educational purposes only.</p>

The DeFi Report

Michael Nadeau

Momentum is slowing as macro risks are rising

MAY 13, 202633 MIN
The DeFi Report

Momentum is slowing as macro risks are rising

MAY 13, 202633 MIN

Description

Bitcoin just closed above a key bear market resistance level, but Mike still isn’t ready to call a regime shift. Ryan and Mike break down why this rally looks stretched, what $79K, $82.7K, and $85K are signaling, how weak spot volume and rising macro risk could slow momentum, and why June may be the real test for bulls.----📣GALAXY | INSTITUTIONAL DIGITAL FINANCEhttps://bankless.cc/Galaxy  ----🎯THE DEFI REPORT | FOLLOW & SUBSCRIBEhttps://thedefireport.cc/tdr-rss https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIt----TIMESTAMPS0:00 Intro1:45 Bear Market Symmetry6:00 Comparing Past Cycles14:05 Who’s Selling at 80K?19:23 Weak Market Conditions23:10 Momentum Starts Fading27:37 June’s Historical Weakness29:12 Key Bitcoin Price Levels32:40 Closing & Disclaimers----Not financial or tax advice. For educational purposes only.