You have no idea how markets work, and you never will
The sooner you admit it, the sooner you'll start making money
The ego is useless in this industry.
$BTC 1D
I've been trying to find "reasons" why we're experiencing some downfall so i went and created a $BTC Spot CVD long term indicator.
What we're seeing is that Binance has NOT broken it's selling pressure downtrend (although Coinbase has) yet $BTC is making new highs.
These need to be positively correlated to continue a strong/healthy trend. So in this instance, you need Binance buying pressure to rise with $BTC's price rising.
The inverse correlation (binance buying pressure failing to make new highs while $BTC price rises) suggests weakness in trend. See the end of 2025 for example. $BTC made new highs in price but spot buying never pushed higher resulting in the start of a new downtrend.
Now this doesn't mean we're going to drop 50% from where we are. There are many other indications that suggest we're beginning a bull run. What we need to see is Binance Spot CVD rise with price rising for another confirmation that we have a strong uptrend.
I'm going to continue to provide updates to this chart. I think this is a great tool for further confirmation of trend.
The IT job market is seriously brutal right now.
My senior with 6.5+ years of experience and a 92 LPA CTC was laid off from his job.
If you still have a job in this market, be grateful.
$BTC 1W
We unfortunately closed below support, however, we are forming new bull divs on 1W & 1D timeframes.
I'm still not convinced we "dump" very hard. I think this is short term reaction to midterms and afterwards we should continue higher.
I don't see anything concerning.
I'm not really a fractal guy, but this Bitcoin chart aligns will with my view that we will see a shorter cycle to peak this time around. Credit to @_Checkmatey_
My spot $BTC is a long term investment.
I based it on historical factors that have generally pointed towards a bull run.
Even if $BTC drops short term - I am not worried the slightest bit. I don’t check value every day, I DCAed slow, & I don’t intend to sell it any time soon.
$BTC 1D
Still following our overall plan of consolidation to continue upwards.
We expected another move “down” to support to continue to build bull divs + bull PA. We need to continue to move sideways to build volatility on HTF.
Have patience!
Keep seeing it, but find it hard to believe that people are still discussing whether we are in a bull market or not. Bull market resumed in July, confirmed in August, and printed a macro higher high in September. Move on.
I don’t really understand everyone’s bearish take on $BTC. Even if it’s short term.
- We’re staying above 80k support
- HTF indicators are heavily bullish & have remained for months
- 1M historical lines up with prior bull markets
- 1D has bull divs, Bull PA, & consolidating ABOVE support
- we’ve officially crossed the 52 week bear market timeline of the cycle
- midterm/Q4 rally coming soon
I’m not saying we’re going to make ATHs next month but my point is why be bearish when there’s hardly anything to be bearish over?