Sykodelicc

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Is this for real?
Has Ben Cowen only posted twice in the last 5 days?
Come on man.
This is what I don’t like.
If you’re going to be a loud mouth mf’er when things go your way and come at people for being wrong…
Then when you are wrong, you have to be just as ready to own it and face it.
You can’t disappear like this that is so cowardly.
He was posting 10 times a day before about BTC going down and pivoting to metals at the top, lol.
Ben Coward.
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Yes you were.
No one knows this, but Killa blocked me for engaging in a counter to this “MuCh LoWEr” constant thesis.
He jumped in my DMs and shared his PNL sheet and tried to clown me, then blocked me.
He also asked me how I got so much engagement by posting nonsense.
Now, it looks like he has gained a lot of followers and engagement for being wrong.
But I can’t revisit our little interaction cos he blocked me.
I was right, he was wrong.
He grew to over 200,000 followers by being wrong.
He had less than me when we first engaged.
Lesson is - fear sells.
No one wanted to hear about my
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This rally has been very clean.
And its not showing signs of stopping yet.
This whole move has been supported by the most amount of spot volume we have seen in a very long time.
In addition, funding is the most negative it has been since the $60k bottom.
Basically, there are a lot of trapped shorts and they're having to pay large fees to keep their positions open.
They're getting squeezed very hard...
And because this is a spot driven rally, price is holding strong and not giving them a way out.
My view is that this rally ends with a large short squeeze, and soon.
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The structure has now shifted completely.
Anyone still holding on for new lows needs to adapt, fast.
Bitcoin has now reclaimed the low of its previous trading range.
When this happens, it signals that the impulsive move is done.
When a move is impulsive, the price will never go back to meet its previous high/low of the range.
And you can see here in this chart that in 2022, as soon as Bitcoin actually reclaimed the low of the recent range, it marked the bottom.
The same has just happened here.
Bitcoin has reclaimed the low of its wave 3.
Charts that impulse up or down to make new highs/lows do
BTC-0.16%
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I wouldn't be longing here.
I am now HTF bullish again, but I wouldn't be apeing longs at this level.
Bitcoin is in a very sensitive position here and can easily reject.
What you want to do is wait for confirmation and acceptance.
If we close the daily above $78,700 that is the best case for bullish continuation.
Close below and we will likely see some lower prices.
Dont chase here as we are playing with this very important level.
Have patience and wait for confirmation either way.
Higher is coming though imo, whether it is this push or the next.
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About to land in Japan!
Much needed break away after a very stressful week.
Thanks again to all you legends who have sent well wishes and love - my wife and I really appreciated it.
Time to smash some Sake, ramen, and go to Nintendo worldddd.
Also hope I meet Goku.
Who’s been before? What are the absolute must do’s in Tokyo?
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The strongest macro signal has now confirmed.
We now have both:
- COPPER/GOLD 1M MACD Bullish cross
- Business cycle in expansion
These two vital pieces of fundamental macro data are both aligning...
And when this happens, it has always marked the start of the most explosive periods of Bitcoins cycles.
Each one lasting for an average of 380 days.
You do not need any other piece of data to understand how bitcoins cycles work.
I have signalled on this chart the time difference between the MACD bullish crosses, and the last two have been in 4 year cycles...
Which is exactly where THE 4 year cycle
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The monthly close was bullish.
Lots of confusion out there, but make no mistake, it was bullish.
Why?
1. Printed a morning star reversal pattern
2. Closed its body above March's wick high(strength)
3. Closed back above the 2025 year low
4. Has held monthly supertrend for 3 closes above now
5. It did this whilst the 1M RSI hitting previous bottom levels
Each bear market, Bitcoin has, at most, tested the monthly supertrend once, before slicing straight through it and confirming bearish.
This time, it has now held it for 3 straight months. Because this isn't the same bear market. This is a mid c
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"Bitcoin is doing nothing while stocks surge"
I get the frustration.
But you need to recognise that Bitcoin has dropped far lower than stocks from its highs, and broken a lot more structure.
It doesn't matter how bullish stocks/the macro is, bitcoin will not just one shot giga candle punch through all of the resistance it now has above it.
Right now we have:
- True market mean at $79k
- STH cost basis at $78k
- 1W 50EMA at $86k
- 1D 200EMA at $82k
- 1M Bull market support band at $78k
These are all very strong and key resistance levels and it takes time and multiple attempts to do so.
But righ
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RenataMoreira:
Say how it's going, now only money is left to pay.
Will this be the first time Bitcoin invalidates itself?
Every time in the last 6 years that Bitcoin has broken its long term trend on price, and RSI, it has marked a pivotal shift.
So why are so many ignoring it this time?
The same reason why so many ignore it at the top in reverse.
When you get this kind of clean trend break, included with a reclaim of HTF bullish structure...
It does not mean nothing.
This isn't my opinion, its just an objective fact.
We have so many people out there expecting new lows, when in this situation we find ourselevs in, Bitcoin has always bottomed.
You combine thi
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Sekayla28:
We will find out the truth very soon.
Big moves are brewing.
The monthly close is due for Bitcoin in a few hours and it looks great.
But the overall macro picture looks absolutely phenomenal.
Let's go over this in detail as we close out this month and talk about the historically, 100% accurate, bullish situation we are in.
This is the 1 month chart. The chart that tells us the biggest and clearest HTF story of all.
I have covered these before, but the data continues to go the way I expect, which means incredible things for markets.
We are about to confirm one of the strongest bullish risk on signals in existence.
COPPER/GOLD - 1M
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Had some shit news this week chads…
And haven’t been that active because of it.
Wife lost the baby… no idea why.
Was fine at 8.5 weeks and 10 weeks, then 13 weeks no heartbeat.
Down bad ngl.
Anyone else been through this? And was it ok the next time?
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Bears getting very frisky this morning into a retest of the breakout.
They were really starting to sweat the last few days and you can sense their relief and am seeing lots of them already victory lapping.
"This was obvious"
"Short massively in profit as always"
"Bulls are in trouble here"
But right now Bitcoin is retesting a 6 month breakout whilst above the Gaussian Channel and 100D SMA.
Bears victory lapping here already whilst above all of these is like bulls victory lapping at peak resistance.
Just don't do it, lol.
The bulls actually have reason to feel some positivity where we are due t
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I don't get it.
Why is everyone so fast to write off:
- Break of 6 month downtrend
- Break above Gaussian Channel
- Break above 100D SMA
- Break back inside HTF Structure
After the most oversold RSI and MACD we have ever had?
Whenever Bitcoin has achieved the above breakouts after HTF oversold conditions, it has always marked a bottom.
But we get a small drop today and everyone is max shorting again?
Genuine question... why are all these signals being ignored and everyone still so bearish?
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There will be a lot of confusion.
As Bitcoin continues to move higher the timeline will be in disarray.
The level of fear and bearish sentiment that has infected the majority has truly left its mark this time.
We just went through the longest period of extreme fear, ever.
Almost everyone genuinely believes that Bitcoin is just going to continue downwards.
Hardly any actually realise that it is, and has been for a while, extremely undervalued.
It doesn’t need a reason to go up.
And the timeline will be very confused as to why it is because they don’t understand the actual reality.
That th
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This is a very important weekly close.
And so far, its looking good for the bulls.
But lets cover the 360 degree picture here.
On the HTF Bitcoin has now:
- Reclaimed HTF structure and the 2025 yearly low
- Broken out on the 1W RSI
- Ticked bullish on the 1W MACD
- Broken above the 100D SMA
On the bearish side we have:
- Below the 1W 50EMA
- Below the 200D EMA
- Short term holders average cost & true market mean at $79,000
There are some very key levels for BTC to work through here before you could begin to confirm a new uptrend.
However, every previous time Bitcoin has reclaimed HTF structure
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The bullish signals continue to ramp up here.
Bitcoin is currently completing a 50/100D SMA bullish cross.
Every time Bitcoin has done this after reaching oversold on the 1W RSI, the bottom was in.
In addition, Bitcoin has strongly broken out of the 1W RSI downtrend...
Another signal that had also fired the last two times we had this cross.
With just over 12 hours until the weekly closes, unless we get some unexpected news, im expecting us to close above $74,400, which is another strong signal.
Impossible to say if the bottom is in until later, but right now, its shaping up well.
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The Bitcoin price action has been very healthy.
In my opinion, it is the exact kind of price action we want to see for a continued move higher.
Let's go over what we're looking at.
1. Funding has been deeply negative this whole move up, meaning shorts are paying longs and shorts are having to keep covering higher
2. Spot volume has been leading every price push - very healthy foundation
3. Coinbase Premium has been positive the whole time, meaning the spot demand in the US is strong
4. Open interest has been rising on each pump but then being wiped out on the consolidation after. This is clear
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I don't understand it.
There are people out there looking at this chart and trying to call a top.
With those weekly candles?
That is not some bearish, corrective grind higher.
That is an insanely powerful move without a single pull back.
All everyone seems obsessed with doing at the moment is calling tops.
You have to understand where we are.
Equities are in a bubble and its not going to pop anytime soon.
This melt up will last a lot longer and will go a lot higher than most can imagine.
And Crypto, once its ready, will follow even stronger.
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This tells a very important story.
This is the full view of the Bitcoin CME chart.
And we can see each time it ends up reclaiming HTF Structure or simply breaking the HTF downtrend...
It has marked the start of a full scale reversal.
Bitcoin has now reclaimed HTF structure with 2x weekly closes.
When we start to get these confirmations you gotta start paying attention to them.
They do not mean nothing.
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