Squeeze into the last leg of capitulation

2022年6月18日

btc has reached a zone of volume & is inching towards EMA's that once were deemed as black swan. I think we soon find a rally back up towards 30k before finally succumbing to our destiny of 80-85% drop into the 10-13k region.

May the odds ever be in your favor.

2023年1月15日

交易進行

Still looking for ~28k to short again.

2023年3月18日

交易結束：目標達成

Move down to 16k and move up to 28k completed. SPX has proven bullish according to its relationship with the 200D Moving Average.

I see this as reason not to expect 10-13k BTC any longer. The S&P500 hasn't done this in any capitulation in the past. So unless this is a first of its kind, I don't anticipate anything cataclysmic.

See my latest BTC idea regarding adjusted bull market fractals if you'd like to see my forecast expectations. It'll likely push up higher to 32-50k and then find its way sideways/down for a while. I've TP'd 50% here at 28k, and another 25% will be TP'd at 50k, and the rest will be TP'd at anything 100k+ for giggles. See you there