ParheliaΩ

[𝗰𝘆𝗰𝗹𝗼𝗽 @nobrainflip]

🚨 MOST PEOPLE AREN'T READY FOR WHAT HAPPENS BELOW $58K

I’ve been trading crypto for 9 years and have never seen anything like this

Everyone is screaming that bottom is in, or we're going to 30k, but it won't be either of these

Reversals never happen without shaking out majority

The chart won’t follow the same pattern forever

If this macro pattern continues, Bitcoin must eventually drop to around 30-32k in a few months, despite macro and global demand

But at some point, every pattern has to break

When? When the fundamentals and market sentiment no longer support it

A pattern should confirm reality - not contradict it. If it does, forget the pattern. It has outlived its usefulness, just like every pattern before it

If you look at previous cycles, every major bottom took time to form. You had months to buy near the lows

And that's exactly why almost nobody did

Everyone was waiting for lower prices
Everyone wants to buy the capitulation wick

But what if that wick never comes?

Then nobody buys

$16k was obviously a great BTC entry last cycle

I think everyone in crypto knew that... Yet almost nobody bought.

Not because it wasn't cheap, but because everyone was waiting for a nice round number: $10k/$15k

Or they bought too early, just like many are doing now, deployed all their capital, lost conviction, or even sold because they were convinced BTC had much further to fall

That's how bottoms are formed

My base case is that we'll spend the summer ranging, then slowly bleed toward $50k

After that, maybe one final flush to ~$42k, just enough to convince everyone another capitulation, "the final dump to 30k" is coming

But it never comes, just like it never came last cycle or the one before it

Many things about BTC price action change over time, but one thing never does

When it's the top, almost nobody believes it's the top. When it's the bottom, almost nobody believes it's the bottom.

Today 50% think that the bottom is in
Other 40% wait for 30-40k

That's why I think it's not a bottom, and we won't bottom at 30-40k

But if you read the sentiment differently, or read this later, and you already think today's price is attractive but believe it'll go even lower, don't overthink it

Most likely everybody thinks so

So just buy and hold until $240k

It's much better to buy at $50k than wait for $30k that may never come and end up not buying at all.

That's why I've already bought 30% here

Will DCA at 58K, 55K, 52K, and 50% at 42k

Want to remind you that I called each major top and bottom of the last 7 years, including exact 126K BTC top:

https://t.co/OcIL5ehN7o

And soon i will make this account private

If you read this, you probably get the biggest informational edge in your lifetime

So make sure to follow me and turn notifs on

[FUD @fudthepug]

They won't stop the Trump pump

[ParheliaΩ @Parhelia2011]

@BASHAR111WAKWAK マイクロストラテジーは毎月買ってますよ。
たぶんドルコストなんじゃないですか

[ParheliaΩ @Parhelia2011]

@merpay_official 招待コードお使い下さい！
KJYKCV

[カツムラ @dekantsu]

ダイソーで買ったメガネにLEDを仕込んで「メガネキャラが企んでる時の光るメガネ」を作りました。
#ゆるつく

[WIRED @WIRED]

Don't look now, but @BostonDynamics' robot Atlas is back. And now it can do parkour.

[桜井海＠おじ猫17巻発売中！ @sakurai_umi_]

【猫漫画】おじさまと猫

[久方 広之「のら猫拳」 @sakata_77]

自信満々で飛びついてみたものの全然届かず「は？そんな高いの届くわけないでしょ」みたいな抗議の目で見てくるのはやめて頂きたい

まだ飛んでる途中でしょ

[nao @rin_kissshot]

めちゃくちゃ渋いポケットで練習してました

[心が乱れた時に見るgif @kokoromidaregif]

#心が乱れた時に見るgif