We’re in one of the most boring phases, $BTC
This is when patience pays the most. Instead of getting chopped up trading the internal range, the best approach is to sit on your hands and wait.
This environment is great for scalpers, but it’s far less rewarding for swing traders. (aka myself)
Deviations below the range lows are opportunities to look for longs. Deviations above the range highs are opportunities to look for shorts.
Outside of those extremes, there’s little edge in chasing price.
My expectation is that this type of range bound price action could persist for another 1–1.5 months.
Sometimes the best trade is no trade at all. Enjoy the summer, stay patient & just wait for next year.
Bitcoin: same structure, different market, 40 years apart.
Left is Bitcoin now. A falling wedge compressing inside accumulation, sitting right above 53k.
Right is a textbook falling wedge from the 1980s and the bull market that came out of it. It's a different asset, different decade, but the same shape.
53k is max pain and it's my line. Above it, the wedge breaks sideways in the coming weeks and accumulation is nearly done.
Lose it and don't reclaim, and I'm wrong.
Patterns repeat because the people never change (or in other words because monkey panic sell and fomo buy)
#Bitcoin 4 year cycle is about to complete another round of bear market.
What comes next is a question even low IQ people can answer.
The problem is most low IQ people won't have any money to buy the bottom.
Institutional liquidity have been absorbing the selling in 2026.
Buying $BTC now is like buying it at $19K last cycle.
I can assure you, no billionaire or multi millionaire is trying to catch the peak bottom.
These fuckers simply market buy.
$BTC got rejected at the POC of the range and the BB top as mentioned.
If Bitcoin loses 64K with a close below, then it will likely retest BB bottom.
Either way as long as it makes a higher low it will be good.
BE PATIENT.
Bitcoin:
ignore those who tell you this time is different (both perma bulls and bears)
We have some chop left during summer. Q4 will be strong.
Accumulation is almost over.
⚡️The car needs to be sold.
Throwing $19,000 at it while keeping $1,000 in cash is theater. It converts a bad purchase into a fragile balance sheet and leaves the caller one emergency away from new debt.
The deeper mistake was allowing income to masquerade as wealth.
A $150,000 salary created permission to consume like someone already rich. The car converted future labor into present status, then locked that labor into an $836 monthly obligation. The caller now owns less freedom every month because yesterday’s ego already spent tomorrow’s income.
That is what consumer debt really does.
It colonizes the future.
The clean exit is simple. Sell the car. Absorb the negative equity. Buy something cheap and reliable. Preserve enough cash to survive disruption. Rebuild from a position where income begins compounding into ownership rather than servicing depreciation.
The emotional whiplash comes from identity collapse. The caller bought evidence of success, then realized the evidence was financed. Selling it feels like moving backward because the original purchase was never only transportation. It was a claim about who they had become.
That claim was false.
A person earning $150,000 with a financed $52,000 car and $20,000 in savings is still financially vulnerable. The income is strong. The capital base is weak. One is flow. The other is sovereignty.
The real lesson is harsher than Ramsey’s line:
High income without disciplined ownership creates an expensive servant.
The caller does not need a faster debt payoff.
The caller needs to stop confusing visible consumption with actual progress.
agree with @blknoiz06
think the market is forming stage 3 cycle bottoms, which by nature are very choppy and take time.
people will get chopped up because every 5% move up feels like we’re going 10x, and every 5% move down feels like we’re going to zero.
I’m going to hand you the secret to becoming a profitable trader right here in this post, and most of you still won’t use it.
You’ll think it’s too simple. Or you’ll read it, nod, and go right back to looking for one more chart, one more opinion, one more indicator, one more person to agree with you, like if enough things line up, the trade suddenly becomes safe.
That’s the mistake.
You’re still looking for certainty in a game that was never going to give it to you.
The job is a lot simpler than people make it.
Find where the setup actually matters. Know where your idea is wrong. Know how much you’re risking. Be okay with that before you enter. Know what you’ll do if price confirms, and know what you’ll do if it doesn’t.
That’s it.
If you have those answers, you have enough. If you don’t, no amount of confidence, indicators, or outside agreement is going to save you.
This is my current thesis on $BTC.
I expect us to form a range over the next 1–1.5 months.
As I've mentioned before, I believe the significant base low is already in at 57K. If we do see any manipulation below that level, I'd view it as a area which gets bought up INSTANTLY.
After this period of consolidation, I expect BTC to expand toward the 80K region. From there, I think we'll see another frustrating range, similar to the 25K–31K consolidation from the previous cycle, before pushing higher.
$ETH Already put in a higher high above its June High and has also retested that area as support.
Moving up higher into the February low to May high range.
Looking quite good with this bullish market structure. The big test is that ~$2.1K area which has the Daily 200MA/EMA and also a massive horizontal level.
$BTC has spent the past nine years within this rising channel and has formed three HTF bottoms at those channel lows we are testing again today.
Hold these lows over the summer, and the party keeps going for another cycle.
Targeting at least $200,000 if we do.
Power law fit to just the lows:
Assuming as mid-year points, ages measured from genesis, Jan 3 2009):
Claude
“β = 5.73, C = 0.0056, so P(t) ≈ 0.0056 · t^5.73 (t in years since genesis)
•R² = 0.978
•σ = 0.224 log₁₀ units (residual scatter)
This β lands right in your established ≈5.7 range, though with tighter R²”
Takes about one minute or
so to copy, paste, prompt and see the power law. Straight on log-log.
(Label should say BTC annual price lows)
Bitcoin - Phase 5 ends in Q4.
As always...
... while permabulls are fantasizing about the beginning of the new bull market with every green candle.
... and permabears fantasize about 30k.
Bitcoin continues to ping pong between the Bear Market Resistance Band and the 200W SMA.
Decisive move durably above or below will likely not occur for a month or two.
Until then, we likely just see Bitcoin bounce between both levels.