Back under all trend. First touch of the daily low close since Feb. Target is the red S/R from the previous cycle at 48.6K or there abouts should a daily close below 62.8K. I was looking to see if this cycle was going to be different, if we only print a double bottom it still might be. I miss Bitcoin's animal spirits... It's been super disapointing that a tweet called the top and maybe the bottom, I hate that Bitcoin is subject to the vagrancies of the Truman Show. I think what disappoints me is that I always hoped people would get Bitcoin, and that I believed in people.... But they don't which worries me for everything else. Watching all of society devolve, and people not really seem to dig into the problem and still believe media.... I can't say anything else, all of my thoughts are unlawful these days. They weren't before, I just have a government that's shifting the goal posts against freedom

Ben Cowen is a chart art criminal. He invents bearish narratives to match his sulk, then leverages PhD credentialism to recruit minions into FUD that the price action doesn't support. I don't know if the 4-year cycle is dead. But I do know it's being beaten to death much like the legendary Black Knight — every dismemberment greeted by another "it's only a flesh wound." Elliott wave structure suggests a 5th wave is still ahead. My charts show we're back above the bearish downtrend, with the daily close low still well below us. The cycle isn't broken, we're just back to the crab walk. The best thing you can do in a chop like this is buy on Mondays when the Value Averaginator signals it. The name is terrible — I'm not a marketing genius. But I stack sats dispassionately, and the method has consistently beaten dollar-cost averaging on IRR. But

I'm working on a new stacking strategy based on value averaging, a concept introduced by Michael Edleson. My idea isn't fully flushed out yet, but according to the strategy, you would be stacking as hard as you can

With negative divergence on momentum indicators it wouldn’t surprise me to see trend lines get retested this week

absolutely wild. I had to force ChatGPT to read the totally true and unedited transcript of the DeaterBob vs @HODL debate from days of yore. I think a social indicator could be built from this debate. A kind of “Deater Gauge” that finds thirst traps from bitcoin MINOs (Maxi In Name Only). Tell tale sign is not having a NOSTR pubkey

We should make a new Sentiment indicator in Bitcoin and call it “The Deater Gauger” that tracks Bitcoin MINO’s (maxi in name only - you have a Twitter account but without a NOSTR public key - and pump out max thurst unsubstantiated Bitcoin engagement like Terrence here… well ya know… Szabo tweeted it so…

lol I’m bearish… but maybe not bearish enough? Maybe I’m being too bullish on bull traps 🤷‍♂️ We’re under the cover of a downtrend until I chart otherwise. Cheerio!

Don’t read Nik’s copium, but do read his book Layered Money Prices will trend until the coin is dead, and only then will it rise again - MVRV Z’ed score 4

No fluff analysis is a tougher sell than max bull or bear. We’re still the same range as last week, burden of proof is on the bulls. This is re-distribution until proven otherwise. Weekly closes over 70k daily closes over 79k promotes bullish structure. I’m a buyer when the MVRV Z score reaches 4, currently it’s >13

We are driving down the 30min trend hard. I have never seen gay'er fud in my life. If this is Kim Dot Comm FUDDED price action I'm disappointed in the market participants. You're retarded. How's your LTV by the way.

everything that Epstein touched is worthless, means that his victims are too. And that’s just not true

Grace_Too gracetoo@nostrplebs.com Weekly uptrend from 2023: Being tested First potential close below since 2023 12hr: Bearish since Oct Range: $87-99k Liquidity: Being absorbed Regime: NEUTRAL Waiting for price appreciation to establish next downtrend anchor point. Until then, no major trend signal. If this weekly support fails, expect the "Bitcoin is dead" headlines to return - The 4yr cycle is your friend to the end

The only editing I do to my trend lines is extending them. I think of them as heart lines because they’re very much alive

I’m neutral in my bias. Waiting to see if the 4 year was really dead. I’ve been telling my friends that the S/R was the line in the sand. It was rejected, now price is trading below the weekly up trend. I’m still neutral as we’re in the trading range. We are in the B wave of an ABC correction from my perspective. Like 2022 I’m looking for a C wave to emerge. We are very close in time to finding out. I don’t think we just sell off from here, not yet, but it’s not looking favourable right now. We are under a 1h down trend, and below the weekly uptrend but still range bound Buying strength to me looks like a weekly close over 100k until then be patient and keep accumulating a cash position

I see so much garbage chart analysis it hurts. I’m not a trader, but I love charting Bitcoin. I told everyone I know, strangers included to buy in Jan 2023, I told them to HODL ever since. Now I’m ringing the alarm bell again, build up a cash position because I believe that we’re going to find a bottom again Q3 this year. Sorry to say, but the 4 year cycle has prematurely called dead, and this is great news. Here is my unique trend following chart. No one does charts like I do. You couldn’t copy me if you tried. I see a fractal pattern no one is talking about here it is on the weekly TF

What does the world look like after a 5th wave impulse move to 13% on the US10yr revisiting when all of this started in 1984

I’m not a pro, but I think we should give a different name to this chart pattern here on the ETHBTC since it’s ghey The Adam and Steve, so be a friend to the mETH heads in your circles and get them on Bitcoin. Friends don’t let friends mETH

Look at how excited the plebs are about @Ian Carroll introducing his audience to NOSTR! Ben’s getting zaps on top of Ian’s zaps! We’re going to have so much fun with words, meme’s and the new cultural movement that’s growing View quoted note →