Bitcoin (Update)
I attached NAS with this update because NAS has more data than BTC.
1) When it comes to BTC and people talking about guarantees in a market that is so manipulative and hard psychologically, this is a sign that people suffer from the illusion of control. They think they ''figured'' out the market and they can't be wrong anymore. History has shown multiple times that this is far from being true. Nobody has any control over any outcome whatever the case may be.
2) The 4y cycle is kinda a myth. The reason being is that BTC is a very very very young asset. Even though it's been there for 2 decades this is still fairly new. So really everyone in the world only experienced BTC as a 4y cycle asset. 3 years bull market and 1 year bear market.
Finance is subjective meaning people understand finance from their lens of experience. Why is this important to this update? Well, because if you show people a scenario that hasn't been experienced yet, a scenario they don't see coming because they never experienced it before, most people will call it crazy because many lessons have to be experienced before they can be understood. So people will naturally be complacent to a particular scenario even though it is backed by knowledge and data just because they never experienced it.
Why 4y cycle a myth? It's hard to label BTC on a 4y cycle and it's been around for almost 20years. A 4y cycle is way too big compared to the available data of less than 20 years. The data needs to be proportional. This doesn't leave you with enough sample/data. It can deviate very easily. We have seen this in the stock market multiple times in history (for example, SPX went no where for 10 years and stayed in a range between 2000-2010 (lost decade)). Can BTC do the same? Absolutely. But nobody knows. Why is that ruled off by people? Because they never experienced this before (subjective). I am not calling for that though, just an example.
Because Btc has limited data, it's better to have a smaller cycles (not 4years). In the picture, I think I found the most accurate BTC cycle and it's around a 1y cycle. You can see where the big pivot is pointing, around March/April 2027.
PS: There is also an important low in mid October. I will be looking for longs there depending on PA. It can fail though but for now, my plan is to take longs at a higher low and target possibly 93k as BCS and we might get ETH 3200$ ish.
3) BTC took significant demand levels recently with this bottom but it also left behind a lot of demand. The current bottom, from an RR perspective is very bad, only around a 2X to ATH with a risk of going 25-35% lower. To me BTC doesn't look attractive. The RR isn't there.
Another way to know which demand is likely to be the bottom is to watch news. If we have bullish news when demand hit, it's likely to be a dead cat bounce. We hit 55-57k demand and news were mixed (mostly bullish). The only bearish news we had were Michael Saylor selling a small % and with just 1 candle, he is back positive so we are back to 0 bearish news currently. The whole pump was triggered by immense amount of bullish news. Compare 2022 bearish news to 2026.
4) Speaking of Saylor, MSTR broke below the 39k BTC equivalent low and also has A LOT of demand below. This is the most obvious chart saying more downside to be expected.
5) BTC structure. BTC has established a big acceptance range in 2024, this is very different than any prior bull cycle. It also lost the 74k low that led to a new ATH, this is also different from previous cycles. With these 2 structures, BTC will have a hard time breaking above 98k which if broken confirms the bottom to be in. With that much acceptance between 60k and 74k, BTC can easily stay in a range for a longer period of time before bottoming. People overlook this scenario.
6) NAS: The stock market has yet to see a significant correction, I have drawn the macro cycles on NAS which align pretty well with the roaring 20s which is my main thesis for this decade ever since Elon Musk mentioned it. NAS points to a significant low between March 2027 and July 2027. The last time similar lows happened were December 2018 and March 2020, and I don't need to tell you what kind of crashes we had on these pivots. We don't know how NAS will respond to this pivot but odds are we see a correction (-15%+?) before continuation and that continuation could be the last major low before the end of the roaring 20s (assuming the roaring 20s work). BTC will have a hard time if NAS has such important lows coming in early 2027. Big panic in early 2027 is a major possibility for the stock market.
PS: Those lows are macro, and there is always variations for these lows, using LTF cycles to refine time.
In this update, I am just bringing the data and not jumping into any conclusion. You decide for yourself. All I want to say is that to be successful in the financial markets is to be aware of the most probable scenarios. You cannot be profitable adopting 1 scenario and talking in guarantees. Sometimes the lowest probable outcome happens. From this update, you can be as creative as you want and create whatever scenario you think is likely and make your bet.
DXY (Update)
Haven't updated this chart in a while. DXY is by far one if not the most important chart on the macro.
So far it's been following the forecast but I am only updating the macros on that chart and not taking you with me to day trade forex.
The top came into July/August syncing with most markets. But there is still a decent decent chance we get another spike from here into its current ideal low late August (as seen on the chart). There is pivot like right now and the chart has broken above the range and now pulled back into demand.
To me this setup feels optimal enough to take and build context from for other markets. On this, I shorted EURUSD. One more spike into October makes sense to me into these fresh supply levels I marked out for over a year now which haven't been taken yet. It also might make a lower high (less likely I think).
Invalidation is a close below the key SL.
$SPX : pas de DCA sur les couteaux tombants. Le 1er objectif baissier du $SPX est à 7233$ en bas de range.
Vu que c'est une distribution, le cours devrait même sortir du range par le bas, avec une probabilité de 90%.
Pas de FOMO inutile à ce stade 🚨
$ADBE was really cheap to me at 340$.
Even more attractive at 300$. Then it even dropped to 250$, which I thought was impossible for this quality business.
Now it sits under 200$. Dafuqq??
Literally debating with myself to go into generational debt for this one. 7x Forward P/E, PEG ratio 0.6. Rev Growth 10%ish.
P/FCF 7.6. Even if Rev only grows 5% we still get a 15% CAGR here.
And imagine the possible buybacks over the next quarters.
And now IMAGINE THE BULL CASE scenario.
Idk man.
Breaking: Adobe is spiking after strong sales from rival tech companies like IBM and ServiceNow proved that corporate software spending is still healthy
Michael Burry disclosed a position in March 2026 at ~$270/share
$ADBE is up ~$4,570,000,000 in market capitalization today
Michael Burry added to $PYPL, saying the market has been “attending PayPal’s wake for years” while the company buys back stock “hand over fist.”
He also added to $ADBE calling Adobe a “clear deep-value opportunity” with gross margins near all-time highs.