Jenni Eden 🟠🔑⚡️☢️🛢️

Helping navigate #Bitcoin's volatility
Newsletter Analyst @_checkonchain
Charting Suite

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

My old man used to run his own computer repair business.

Tiberian Sun somehow made it's way onto one of his master disk ghost images.

Everytime he rebuilt someones computer, I knew just where to find it.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Arx Fatalis was given to me as a free CD by one of his buddies that ran a shop full of PC hardware.

It's single player, but my brother and I would play on two adjacent computers to pretend like it was split screen as we journeyed through the caverns and crypts.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

I've seen folks adjusting goalposts, claiming the 4yr cycle still works because 3 months over 4yrs is a small delta.

Missing prior tops by a quarter missed a median of 80% of the cycle upside.

Missing prior lows by a quarter missed a median of +50% moves off the low.

Let it go

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

🪦 MVRV < 1

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

ONE HUNDRED AND NINETEEN THOUSAND SIZZLING SNAGS ON THE BARBIE DOLLARIEDOOS PER BITCOIN.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

This October 4yr cycle low is going to be quite the event it seems...

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Bulls are always too married to their moon math thesis at the top to notice when it's over.

I'm noticing many bears who remain married to their thesis of what the idealised Bitcoin bear market low has to look like.

They missed the inflection point by several months as a result.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Measured from the time-pain low of each bear cycle.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

'Bottom confirmation isn't in until we hit new ATHs and hold above it for at least six months' - your local salty bear

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

The four year cycle was always more likely to break in a bear.

There is nothing magical about the calendar that drives price, and using it as a market compass was destined to lead you off course given enough time.

Once the compass breaks, you're truly lost. Build a better one.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Seller exhaustion, price must rise to find more.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Price Pain Capitulation in February.

Time Pain Capitulation in June.

Bears In Pain, right now.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

For the record, our receipts detailing this as our base case setup in February at $60k:

Welcome to Deep Value (6-Feb)
https://t.co/BaOxyGPI3J…

Capitulation (10-Feb)
https://t.co/83YfTuO4AE

Time-Pain (13-Feb)
https://t.co/qVpBrMKY48

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

There are people out there right now, who are selling BTC to buy Blake2b ASIC rigs...so they can mine an absolute failed shitcoin fork of Bitcoin...

...right as BTC rallies off its bear market low.

Chefs kiss.

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

So...about the Realised Price...

[Jenni Eden 🟠🔑⚡️☢️🛢️ @jennieden84]

Buy the whole bottom, not THE bottom.

Waiting for the final wick to full port is a fools errand. It leaves no room for uncertainty and probabilities.

Bitcoin has been in a deep value zone since the Feb capitulation at $60k.

Humble yourself, and accept nobody knows the future.