TonyTheBull

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Another perspective suggesting patience is required, even if misdirection has arrived
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Assets, including Bitcoin, tend to go through accumulation at cyclical bottoms
It would be an anomaly for Bitcoin to bounce after such a short period of time at range lows
Patience is paramount
BTC-0,9%
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Another perspective suggesting patience is required, even is misdirection has arrived
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Took some time away to reset and rest
Video dropping on Slice in ~one hour
Bitcoin - S&P 500 - Silver - BTC.D
BTC-0,9%
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Listen
If Bitcoin / crypto suddenly is viewed by the world as the non-sovereign play…
That is a powerful enough narrative to potentially change my longer term bearish thesis
At the center of my bearish thesis is a simple Doji candlestick on the yearly chart — a pause due to indecision
Indecision can lead to a reversal of trend, or strong continuation of the trend that paused
After indecision comes decisiveness — whatever direction the next narrative takes us, will be defining
I have said all along if a new narrative worthy enough appears, it will replace the narratives I am saying are dead:
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“In the midst of chaos, there is also opportunity.”
— Sun Tzu
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Not that this can't turn into much much more upside, the fact that trolls are acting this celebratory over a 4.5% intraday move, is rather interesting
It is an extremely common movement
Also, pay attention to the figures. Volatility decreased over time and has been picking up again as the trend may have changed
Upside volatity became less interesting
Perhaps downside volatity resparks some interest in BTC
BTC-0,9%
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On X, I got this wrong, right? If you hear me speak publicly, I chose a side, but I was always open and am always open to pivoting
On Slice, I got ahead of potentially being wrong, and gave some clear signals that would tell my subscribers to buy/long instead
We need a weekly close to confirm, but it does look like a buy signal is being generated by the RSI according to the Wilder Method (the tool's creator)
I remain unconvinced by the move – I actually just hedge shorted
My system entered a long once we got above the daily Kijun-sen on the Ichimoku, something I said live today in my video wit
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I am on the wrong side of this at the moment, but about to flip
This is such an incredible moment to witness
Can't wait to see how this concludes
Somewhat skeptical here, but can't deny this has some power behind it
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YEARLY Bollinger Band breakouts on Oil have historically lead to YEARS of an uptrend after
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Tune in
I am going to say more things no one wants to hear
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I warned that something catastrophic could be coming
It’s in the charts
I say this in advance, and I am widely ridiculed
Then the President of the US makes a statement that he’s going to end a civilization tonight
This is not a joke. The reality of this is life altering across humanity
I tried to prepare others. But I guess there is just no preparing for this amount of risk
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The Universal Laws of Nature are omnipresent in financial markets
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The right perspective is everything
Those focusing on the daily, weekly, etc. are missing what's going on the highest timeframes
The high timeframes are telling us this has a lot more to go
6M RSI is nowhere near a bottom zone
Price is still hanging onto the Tenkan-sen. Losing it results in a -58 to -74% decline
I have estimated for a 50% decline due to diminishing drawdowns, which takes us to where?
My target at $34,000
A breakdown of this wedge pattern should do the trick
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Note: Cycles can happen, yet not produce a new ATH and simply be a bear market rally
The biggest problem this space has, is thinking a cycle didn't happen because it didn't behave the way they expected
Doesn't mean it wasn't a cycle
Smaller degree cycles, known as intracycle harmonics, exist within larger degree cycles
The smaller degree harmonics will behave different depending on where the smaller degree cycle is in the larger degree cycle
Past the larger degree cycle amplitude, and it becomes more likely that cycles are bear market rallies
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This is the point of the cycle where alt season would end, and Bitcoin season would resume
What happens to alts now?
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“We are just in an extended cycle”
Interesting
Ever see an extended “day”
And extended “year”
And extended “moon phase”
Cycles are rigid in term of time
Everything else can change
A clock’s face is round for a reason
It doesn’t extend
The forces of a cycle can combine to alter the environment
Example: the Earth’s rotation (cycle) gives us seasons (cycles) that change how much day and night (cycles) we get unless it’s an equinox
Even with all that fluctuation, change, etc. the timing never changes
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“Altcoinsmart” works
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Have you ever felt capitulation before?
Can you say with full honesty that this market has capitulated this cycle?
I promise you it hasn't
When I am not the only guy questioning Bitcoin's survival, capitulation has happened
When capitulation arrives, no one will want to buy
Until we see those uncontrollable subconscious emotions spilling out, we haven't bottomed
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Thank goodness we've bottomed!
This could have been really really bad for Bitcoin
Phew – all the HOLDers were right. Ignore the downward momentum in the chart like they say
I better buy in right away so I don't miss the guaranteed new all-time high that's due any day now
BTC-0,9%
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