There's just nothing fancy to say man. We closed above the range. Bitcoin just ain't sellin off like all of your favourite Fin-fluencers are fearing into you. Confidence above the range will take weeks to build; it will only take a day to destroy it below the range. Stairs up, free fall down. Nothing else on earth I'd rather own, except for lead. And maybe a few wives who knew how to gunsmith. Those problems aren't getting bullish
Grace_Too
gracetoo@nostrplebs.com
npub14509...6gx4
Ideologically motivated Bitcoin Extremist
There's just nothing fancy to say man. We closed above the range. Bitcoin just ain't sellin off like all of your favourite Fin-fluencers are fearing into you. Confidence above the range will take weeks to build; it will only take a day to destroy it below the range. Stairs up, free fall down. Nothing else on earth I'd rather own, except for lead. And maybe a few wives who knew how to gunsmith. Those problems aren't getting bullishabsolutely 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…


TACO Tuesday. Watching how price will react around the trendline. Normally rejects first touch, and often slaps down the first break out for a retest. CME has a gap to fill from the weekend, which would be a nice place for a lower high. Weekly market structure still has a lot to prove. Like Weekly candle closes about the W/CL is what we want to see. Like Fiboswanny, I'd like to see 3 candles close above that line before calling any kind of bottom. Daily candles are looking really good
Every arrow is a Sunday close. I just find it interesting. The range is neutral. In a certain market my thesis is changing.
I would start DCA now. Bitcoin has no counterparty risk, which is everywhere in the world. Even your government is now bad counterparty risk. I don't care why or to what ends that energy markets are being destroyed, it's happening.
Now is the time, at any price
Bitcoin is... Between the lines. Trump tweeted that he's going to initiate an energy disaster Tuesday night and Bitcoin popped up a little. This thing looks like a 5th wave would fit the chart puzzle perfectly... But wouldn't that have initiated after a tweet with the implications Trump just gave?
Hugh Hendry is describing Bitcoin as a Shield over this last week. Did he read Softwar? I haven't listened to the whole podcast yet, but I was listening to what he dropped on Friday, and I couldn't agree more with a few points that landed with me. Alpha begins where permission ends, in his latest title Your Real Edge is Disobedience
There are 3 regular perma bears that I love to hate. None of them know Bitcoin, 2 of them claim to be smart. 1 is completely retarded in every way. I bet they're super frustrated right now because bitcoin isn't doing what they said it ought to be. We had a small bull trend that made a lower high and we swung back into the range which is neutral territory. Something Mr Sophisticated PhD Ben Cowen can't seem to fathom. Wasn't that dude a Swifty for ADA? I can't remember and I can't be bothered to check I'm just pretty sure it's true.
I don't have a lot to say except that I continue to be impressed. Bitcoin hasn't come close to the daily low close let alone close below 65K.
That said, we're pumping into some resistance with bearish divergence.
We closed our first monthly green candle since Sept.
I'm Neutrally impressed with this consolidation range
Just a perfect rejection off of the original bear trend. Since the upthrust to 75K it's been and orderly walk down the ladder, frustrating all sides of the market. If we see a daily close below 62.8K I could see a fast flush down to 48K. David Levenson's sub 10K predictions are retarded... i want to know what the rest of markets look like when we get there. I'm a full believer in "the Great Taking" thesis. Only place to be is Bitcoin, at any price.

As a side note....
I'm not up to speed on the BIP 110, people I have come to respect are on all sides of this argument and it's kinda ugly. But from a market perspective... I don't think it's bullish. I don't think if there is a hard fork all of a sudden you're going to have Bitcoin A and Bitcoin B at 100K I mean maybe? I doubt it though. The more I think of maybe it will be, and lots of people are going to sell the right version of Bitcoin too soon and lose everything. That's the most entertaining option - as Musk might say 



I coudn't imagine being afraid of a win win scenario, but there it is. Must be a cheeky Melanial
This doesn't look like a liquidity grab to me, this looks bullish. The purple down trend was part of the trend channel I was observing that I thought we'd be stuck in. and we're currently out, we could revisit, but this is constructive price action on the 8hr. I'm seeing a case that we could end the week above 70.3k That would be step 1 in market repair. Everyone is noticing the pattern that i spoke about for over a month before anyone saw how obvious it was. Go back and look. Well I'm telling you now, that maybe it was a crowded trade. I'm seeing the market build a cause, very early stages.

I'm not 100% sure the same pattern is playing out anymore. But I've been consistent in my analysis. For me to change my mind about the trend I need to see change in market structure. For me that is a few steps. 1. I need to see a close above the green weekly close low horizontal W/CL. 2. I want to see another candle open and close above the same horizontal. I took my short position off on Wednesday because the time factor in my trade wasn't playing out. In 2022 their was a liquidity grab in the beginning of the week before it dumped. We could be doing a liquidity grab right now, I don't know. But if the CME closes above this level, most weekends, most of the time price action does nothing. But we have some bullish patterns that could take us higher today that I'm noticing. It's not impossible that the "Bottom is in crowd" is correct. I'm starting to see the beginning of a repair, there's a lot of work to do on the weekly first
Trade was initiated on Wednesday, with a take profit set for 48944K, I'll try and stick with it for as long as I can and give the trade as much room to breath as it needs. Above the QPH we set a small head and shoulders toping pattern on the 15m chart. Looks like another head and shoulder pattern is forming, but maybe I'm just seeing things. It's measured move takes price below the wick. In 2022 once a daily candle closed below the D/CL level price never looked back until Sub 20k levels
A bit of a surprise to me, I was expecting a 12hr trend to be set from the failure of the bull trap, but it was set at the bear trap that initiated this current pump. It's bisecting the 4hr trends. It will be interesting to see how price interacts with this trend in the future. I've been extending all of my long term trends out to 30k. All trends must start from candle opens, then I throw them as far into the future as possible and lock them in
Right now my target is the quarter pivot high. There's a lot of resistance above, and we don't have any bullish market structure. If you've been patient and not shorting breakouts like most of your friends then you're seeing opportunity. First level I'm looking at is 73.5k, my second point of interest is 78.3K