The majority are about to fall into the same trap they fall into every cycle.
Abandon an asset that's down 50% and ignored by everyone, only to chase assets already making headlines because you're tired of waiting.
Not because the data changed.
Not because the opportunity disappeared.
Simply because you got bored.
You watched stocks go up.
You watched AI run.
You watched $SPCX explode.
And now you're questioning Bitcoin.
Not at the top.
Not after a 500% rally.
After a 50% drawdown.
Think about how insane that is.
The average person has zero patience. They need constant validation. Constant excitement. Constant green candles.
The second the market becomes difficult, they fold.
Then, a year later, when $BTC is ripping higher and the media is bullish again, everyone suddenly wants to buy. LOL.
The secret has never changed, buy when nobody wants to buy.
Most people don't lose money because they're stupid.
They lose money because they cannot sit still.
They need action.
They need entertainment.
They need dopamine.
So they sell opportunity and buy narratives.
Most people will never make serious money because they are emotionally incapable of buying things that are hated and holding them long enough for the market to prove them right.
That's why the majority buy tops.
That's why the majority sell bottoms.
Good thing I am not the majority.
The 6 month candle closes in 16 days from now.
If you know, you know... $BTC
You can clearly see what happens after we print 2 red six month candles. 😉
Give a man free sex, entertainment, and comfort, and he’ll forget his goals.
Give him pain and heartbreak, and he’ll feel like conquering the world.
Dear bro, hard times are a blessing, not a curse.
And what about $ETH ?
Well, $ETH tends to outperform $BTC to the downside, which isn't surprising since the $ETHBTC chart still looks bearish 🤷♂️
1st Leg Down on $BTC: -36%
1st Leg Down on $ETH: -46%
(10% difference)
2nd Leg Down on $BTC: -38%
2nd Leg Down on $ETH: -48%
(same 10% difference)
If the 3rd Leg Down on $BTC is gonna be -40% (explained yesterday), then the 3rd Leg Down on $ETH would be -50%? Which is approximately $1230 📍
How low can $BTC go on this leg down?
My Target is $49-53k
That's where we could stop and consolidate for a month or two before the final capitulation 📉 🩸
1st Leg Down: -36% (October-November)
2nd Leg Down: -38% (January-February)
So the 3rd Leg Down (May-June) could be the same -36% (to match the first one) or it could be 2% deeper than the 2nd one, just as the 2nd Leg Down was 2% deeper than the 1st one. That would be -40%
The truth is Bitcoin will explode higher when no one expects it.
I have a really good gut feel for when that might be. I’ve nailed the lows the last 3 bull markets in front of you all.
Hoping I can nail a fourth.
Just know $BTC is not over. It’s just not the season yet.
$ETH
* A broken trendline.
* Retail targeting zero.
* Sentiment completely destroyed.
That's usually where the best reversals begin.
Not trying to sell hopium, but a significant rally still appears to be on the table.
What’s funny is that people labeled me a perma bear just because I was bearish for 8 months.
Now that I’ve flipped bullish after $BTC retraced from 126K to 59K, people seem surprised that I’m not like the other accounts on this app.
I’m here to make money, not defend a narrative. When the market changes, I change. I flip when necessary.
I guess some of you thought calling the top was just a fluke or a lucky guess. And when I catch the move to 160K, I’m sure some of you will call that luck too.
This is what everyone is focused on, by the way.
Hopefully this chart puts things into perspective.
People are obsessing over the absolute smallest downside while completely ignoring the maximum upside.
I can assure you that anyone managing serious $ isn't fussed about a small push lower. They're focused on the much bigger move higher.
Trust me. $BTC