MisterSpread

Bitcoin at critical level short-term
Still a bearmarket, so the last rally was still a bearmarket rally.
IF bitcoin:native buyers lose 62k area on daily and especially weekly close, chances are increasing for the last lows at 58k to be tested and even lost.
Happy to debate with anyone in the comments below, from PA or even fundamental perspective 🫡

It's impossible to beat a man who never gives up.
400 weekly AMAs since October 2022.
Bearmarket, bullmarket or kangaroo market, never missed a week.
That's roughly 1,000 hours of charts, explanations and Trade Anatomy without bling-blings, 5 indicators or things that make your head spin.
ELI5 method, so anyone can understand and internalize how to break down a trade from A to Z, top-down, from preparation to risk management to execution.
Last night during the AMA I showcased 2 potential trades for Bitcoin:
1. The first was a swing in case we retested $64,400, which was not activated.
2. The s

Do you know why SP500 is again near ATH and bitcoin:native dropped after the U.S inflation data?
Because one is in a bullmarket and there are more buyers than sellers, the other is in a bearmarket and there are more sellers than buyers.
Price > news
Pretty simple right? Well at least if you are not in the mental gymnastic club. 🫡

Every trader knows this feeling. Almost nobody acts on it correctly.
The asymmetry is not in the market, it is in you. Winners feel small because you are measuring against the move you did not capture.
Losers feel big because you are measuring against the money you can actually lose. One of those is imaginary.
Your size was set before you knew which one it was. That is the only honest measurement point.
Will write a bigger thread about this topic, as I think is among the most important part in all traders journey. 🫡

ATH on SP500, is money moving into Bitcoin and altcoins?
GM,
It’s Monday, it’s past 11:11, and that means we have a new edition of the ParadigmShift newsletter on Substack.
SP500 has reached a new ATH, and many are now expecting a rotation into Bitcoin and altcoins.
I explain in detail in the link below 🫡

"Bitcoin sellers gave up, there is nobody selling here"
These are the mental gymnastics some of the people on this app are doing.
So ask them this: IF bitcoin:native sellers are not in control, WHO is keeping the price under $66,000 for the past +60 days?
Anyway, gm and have a great weekend. 😅

Soft NFP, stocks up, gold up, hike still priced for December.
Everyone has a story for why their asset is right.
I have levels. CPI tells us which ones matter.
Just price action, the rest is noise.
Next week we see who gets repriced 🫡

In trading, the mechanical part is trivial. Click buy, click sell, set a stop. Anyone can learn the mechanics in a weekend.
What kills most traders is the boring process: the pre-market prep, the journaling, the sitting on hands when there’s no setup, the not revenge-trading after a red week.
DAILY. For years. Before profitability is even on the table.

While you keep obsessing about the pico bottom on Bitcoin, I’m out here Europemaxxing part 2.
If you ever visit #Romania and love fresh sea food, make sure you don’t miss Matei's Fishery in Agigea near Constanta.
In the picture you can see:
Pike roe salad with red onion
Smoked mussels with toasted bread
Mussels in wine, garlic and cream sauce
Grilled turbot with polenta

Bitcoin and ETH update, bookmark this post:
GM,
Over the last few weeks I posted more from the fundamental side + the TradFi correlation on why both bitcoin:native and ethereum:native were still weak, still in a bear market, and why the last move was just another bounce, because:
- A DXY rally post with a risk warning for risk assets
- Q and NQ a few days away from their weakness window, which starts August 3rd
- Lack of continuation from Bitcoin buyers above the $67,000 area and from ETH buyers above the $1,860 area
Yes, ETH was looking and still looks better short term. BUT, and there is a b

Daily BullFlag on DXY: potential target 103 area
After explaining in detail the U.S bond yields situation during the weekly AMAs and signaling DXY strength above 100, last few days I was watching this potential BullFlag printing.
Confirmation above 101 area
Invalidation under 100.80 daily close
Potential projected target 103 area
P.S: As explained in other posts, this can put pressure on risk assets short-term.

Nasdaq correction incoming: 3 weeks weakness window
Look, I don't know what is going to be the catalyst, news, geopolitical, etc
I couldn't care less, because Price leads > news/fundamentals follow
For the past 50 days Nasdaq couldn't print any new High, so if we don't see a new ATH till 17th of August, then a correction is very likely
Confirmation: Daily close under 28,433 area
Invalidation: Daily close above 30,743 area

Price + Liquidity = truth
I don't need to write 1,000 word salad. If you get it good, if you don't, also good.
In the end it's your choice what you pick, but I will not sugarcoat anything. 🫡

My definition of rich
Not how many millions you have in your bank account
Not how many fancy cars you have in your garage
Not how many luxury watches you have you have on your wrist
But if you can go on a walk with your family on a random Thursday morning without worrying about any task or boss
Good morning and have a great day🫡

Bitcoin ETFs: June's exodus vs July's rebound
Lots of people cheering for the 5 day ETF inflow streak, but here is a reminder:
June: -$4.51B
July: +$427M
That is 9.5% of the bleed.
A bounce is not a bid.
At least wait for continuation on Bitcoin inflows before you maxbullpost and call for the 10th bottom of this bearmarket.

Football will be the winner tonight
The 2 best teams in the world, in a final that we could only dream about.
Spain is my 2nd home and Messi my football idol since I was young, so I will just enjoy this ❤️

Wishing you all a great weekend 🫡

Second SPOT Portfolio Update of the year is live
Called the bearmarket continuing in February, stayed heavy $BTC + Stable.
I'm still up +40.3% while most got liquidated chasing bounces and calling it a correction.
I am not forcing a single trade here, so patience until the flows turn.
Full breakdown in the ParadigmShift Discord: