Patrick O'Hearn

what should i be when i grow up?

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1 @TXMCtrades

[Patrick O'Hearn @patrickohearn]

@blackwidowbtc @degengambleh Or when it’s 40k in October they convince themselves it’s going to 25k. Many such cases.

[Patrick O'Hearn @patrickohearn]

@TechCharts Potential iH&S developing as well…

[Patrick O'Hearn @patrickohearn]

@GoodTexture Your posts tonight…

[Patrick O'Hearn @patrickohearn]

@R89Capital It either goes to zero, or the chart over the next couple of years looks like ETH Covid crash/SOL FTX crash and what followed each of those events. A few more red candles & a little more grave dancing on the timeline, and I’ll roll the dice on the latter outcome.

[Patrick O'Hearn @patrickohearn]

@Wild_Randomness Keeping an eye on a potential h&s. On the other hand, just had its highest monthly close ever, and current price action could be interpreted as consolidation above 2025 vah.

[Patrick O'Hearn @patrickohearn]

@boneless_bones7 @DynamoXDD I’ll bite. Assuming what you say is credible, do you have any views on the surge in zcash and the narratives being pushed there (privacy/quantum resistance/capital rotation into zec from early bitcoiners)?

[Patrick O'Hearn @patrickohearn]

@TheFlowHorse I’ve been going back and forth on this for some time. Counter point is obviously that the internet was a once in a generation opportunity, but we still had the dot com bubble/bust. Is this time different? I lean cautious in the short to intermediate term; optimistic long term.

[Patrick O'Hearn @patrickohearn]

@GoodTexture @raju_zec The real question is when 5-figures?

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1 Not sure about your timeline Phil, but mine has been filled with higher and higher targets all week. A lot of the same people calling for much higher around mid 90s in Jan. Maybe this time is different…🤷‍♂️

[Patrick O'Hearn @patrickohearn]

@TraderMotif Only thing truly worth chasing is the freedom to do with your time as you please.

[Patrick O'Hearn @patrickohearn]

@lindseyyok Lamar showing once again that despite being a generational talent, his commitment and drive to be a champion fail to match his on-field ability.

[Patrick O'Hearn @patrickohearn]

@DannyDayan5 Odd, this link shows the subscription cost as $50/mo, whereas in the substack app it shows $70/mo.

[Patrick O'Hearn @patrickohearn]

@blackwidowbtc And they all lived happily ever after…

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1

[Patrick O'Hearn @patrickohearn]

@TraderMotif Thoughts on that flat weekly open we left behind? I thought we were likely to clean that up before diving into the 70s. Feels a bit rich for a mean reversion bounce at this point, but 🤷‍♂️.

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1 Well played (as usual). What’s next? Mid-70s, then mid-90s? Or lights out?

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1 Step 1 complete. What do we think @PhilSmith_1 ?

[Patrick O'Hearn @patrickohearn]

@PhilSmith_1 Yep. Maybe a little lower to take out the December lows, trap a bunch of bottom shorters while leaving that November low untouched, then run it back up to take out that flat weekly open…would be nasty work.

[Patrick O'Hearn @patrickohearn]

@pythianism I hope you’re wrong (I imagine you do as well). Care to expand upon why you currently view the healthcare HFs as more likely to be correct?