When I started trading, everyone doubted my trading journey.
Now I clear $1.4M trades in 5 days while in Hawaii.
If you suck right now and people think you’re wasting your time, read this:
1. Losses are the cost of learning.
Each loss gives you a chance to level up.
2. The people doubting you are comfortable losers.
They would never take a risk.
Glory days only come because of the days you walked through hell.
Don’t stop walking.
$BTC
Making strong lower highs on the lower timeframe.
The strong resistance I shared on my free Telegram has rejected once; it might even reject again if it comes, & now we're dropping into the daily S/R zone.
If this is a strong pullback, then the short-term daily S/R is the 83894 - 83670 zone.
And if it flips/fails, then this could be a fake pump. So far looks real, and this S/R will likely hold on the backtest.
If any are stuck in any bad shorts, then reduce exposure near this S/R.
On the upside, near 87.4K is the proper resistance I shared, & spot charts rejected exactly from there.
I even said it's worth shorting. Perhaps the target of this short can be in the 70Ks, & no longer attempting lower lows.
Doing more research on this.
Above 91K on a closing basis in September, I still genuinely don't think it's on the cards.
If I get this wrong, then it is up-only. So at the moment, I am not in any new short.
On another timeframe, $BTC can just be sideways above 83K until Thursday.
Meaning, altcoins are good till then. This insight was shared almost a day ago, & alts did well since.
The resistance level you see on the chart? It is also the 2026 yearly open: 87,496.
Temporarily, I predicted we'd see rejection from the 87,496 - 89,000 zone (closing basis) when we were at 85K levels yesterday.
But any intra-week pullback near 83,894 - 83,670 is good for longs (more for alts like $ETH) into the 87K yearly open.
Referring to the last post (quoted), we discussed the fractal chart system, which was signalling bullishness & was correct.
In this post, we'll discuss the August mini report.
The August memo/mini report said that $BTC 73.9K would come before mid-September.
But the max Bitcoin dropped to was 74.9K.
So the target was missed by $1,000 bucks.
A miss is a miss. Big or small, no excuses. I did see 74.9K holding as a bottom, and in premium also signalled scalp longs there, but the problem is, I thought we would top out near 81K and go back to 73.9K before going any higher.
So, the target was missed.
Now, let's see where the report was correct:
As I already said in the morning post at 81K levels, $BTC had a weekly close above 81,099.
This level was supposed to turn us bullish according to the report. And guess what?
This sentence was literally written under the section named "WHEN WILL I BE WRONG".
Yes, the report has already declared it correctly. That's why I preach about trusting the system.
Yes, even my system has been wrong in the past, but it happens extremely rarely.
The report was not correct on $BTC alone, but it was also correct about:
• $ETH outperforming $BTC.
• $DXY pumping over $100+.
• U.S. 10Y Treasury Yields hitting a new ATH.
• $OIL being bullish into $100+ as well as XOM & XLE (ENERGY) also hits ATH(s) after $SPX.
• $SPX is bearish from 7,800 (we already took profits twice on the big short from near the top!
• $GOLD rejected near the report's short-term resistance, & we also predicted an accurate top inside premium, right into the 4,444-4,222 zone.
• $SILVER topping predicted in the $ 70s with clear DCA levels!
• $ETHBTC bottom confirmed!
• $XRP almost touched $1.8 target 1. Still nearing it.
• $SOL nearing $126 - $130 target as well.
• Also right about the FED rate hike in September.
And a few more calls are still playing out! Hence, my report & systems have been very reliable this cycle from the start till now.
And even my bias has helped you gain more than you lost at the end of the day. Still, I take full responsibility, & I give zero excuses for it.
Also, how can I forget my brilliant team:
My friend, Wizard, thinks that in the short term, a little bit more of a correction can happen going towards the full moon, as usual.
He shared this insight more than 24 hours ago, & we have seen some correction already.
It's also a harvest moon. So we're gonna harvest our profits to rebuy lower, according to him & his Astrology + Numerology studies.
By the way, he also said that the bottom was in for the cycle months ago... he deserves credit for it.
And he says that the rest of the year should stay boring, & no major crashes shall happen, especially no new lower low for $BTC.
Not to mention ALTman, Mr. X, Jay, StyleKind, & Mr. R for their amazing efforts on the whole crypto market setups (especially altcoins).
ALTman, Mr. R, & Wizard - all 3 of them were also right about this pump.
Grateful to have them on our side!
Any questions? Ask me in the comments.
$BTC
Proof that Mr. P is also a human & makes mistakes.
This is a reflection post. I'll share what I learned, where I went wrong, where the system was right & should've been followed.
Lastly, I'll tell you what my system thinks is next in the upcoming post.
Unfortunately, I was blinded by being too biased & ignored the right scenario that our system was showing.
The two systems that we studied in the last post both showed bullishness; hence, they were correct.
As a leader, before we move forward, it's my job to provide full disclosure on the premium positioning as well, with full transparency.
We hit stop loss on our official main short with an average entry around 78.8K & stop loss at 84.9K. I take 100% accountability for my bias & this swing short.
The generational 82K entry big swing short you see on all of my charts also closed at entry.
Our target was too wide. Matter of fact, 74,900 was a very logical level to close all shorts, but I got overconfident.
We even attempted a few longs on alts as well as $BTC at this level that did quite well... but profit-taking on shorts was missed.
In such times, it's important that you zoom out & see how you did overall. One loss should not make you cave in & hide.
Because the fact is that, along with many other winning shorts by me & my team, we also longed this move as hard as one could.
Can even say that the number of longs we had this time, from 62K till now, is the same or more amount of longs we had earlier this year when I predicted the 82.8K (May) lower high from the 59K bottom (February).
So yes, overall, we were really close to achieving perfection. It happens to the best of us.
Now let's discuss why I gave 20-21 September as such important dates, & why on the exact dates $BTC broke out both the 50WMA + the previous quarter's high:
This was the 1% time when I shared my rationale with premium members as to what my system thinks, versus what my bias says.
99% of the time, I dictate action-taking insights to premium members, & we do really well with them.
But when a good leader feels like getting too married to his bias, he shares the system & rationale behind it, despite knowing that some people might make a fool of him.
Yes, when you're leading a large amount of elite audience, you're afraid of sharing, transparently, your thinking & your models.
Normally, I give actions & bias to premium members, but yesterday I felt the vibe to transparently share the skeleton behind my analysis like a good leader.
I have attached the screenshots (before vs. after) of my premium section.
Remember the POI I gave you near 80.3K liquidity? To be exact, it was 80,249 from this fractal chart.
Indeed, it was the pivotal level, just that it was against my bias.
I own it, as much as I own all the wins... don't worry, we will make back profits ten times compared to this!
But for learning & reflection, the reason why I gave dates of 20th & 21st September for the big move of the next few months was, again, exactly this fractal chart.
If this fractal had broken down? It would have been equally big down. But it broke big above, exactly on 21st September.
The market isn't an if or but situation. It is what you see in front of you.
And this was in front of us:
1: 80,249, as predicted, was swept. I said this is POI, & can lead to new local highs, but I didn't think of a new quarterly high...
Key point for learning: 80,249 POI held and never flipped to the downside, so why hold short?
2: The fractal chart was to mature on Sunday & Monday due to its parabolic shape.
Price kept up with its exact angle, which became its exact location momentum, riding it as support the whole time, and exactly at the intersection of both fractals, the flash up-move also followed. Exactly at the intersection!
So instead of being "biased" for an outcome, we should have focused more on what is developing in front of us.
More often than not, we are able to spot it correctly... and I trust our system that, in the future, it will find us more wins than losses!
On we go! I'll study more and share newer, better insights.
Short term, what I can tell you is there is massive resistance this year between 85K - 89K.
So I'm not going to blindly pivot in a long just yet, as upside is capped short term. Support should be the 82,621 zone, which is now also S/R.
Any time we break below, 73K is still possible, but let me study more & share further.
Until next post. See you soon!
Mr. P