$BTC Sunday update:
Price is back at the range lows of this 4-month range.
I'm expecting a strong bounce here, not because it's a range since all of them eventually break, but because this drop was too sharp (-25% in 4 weeks) and is extremely overextended.
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$BTC Sunday update:
Price reached our target from last Sunday - a very interesting level:
1W50EMA, Oct 10th long wick filled, Range lows & $100k psychological level.
This is how I'll be trading next week:
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$BTC Sunday update:
In all honesty, it looks like this could be one of the most difficult trading weeks of Q4.
That makes me think we might be in a range-bound environment; therefore, I should be aware of a potential range lows retest.
Let's give this a thought:
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$BTC | Cycles Update, My Plan
Many of you already know that I currently lean on the bearish side rather than the bullish side. I’ve shared several updates explaining my reasoning, but this will be the most comprehensive one yet. In this post, I’ll walk you through my full outlook and plan.
There’s always talk of a "super cycle," and narratives like that appear every single time. But if we strip away the noise, markets are and always have been, governed by macroeconomic cycles.
These macro shifts aren’t just economic, they carry deep psychological weight. You see, Bitcoin was created to thrive in uncertainty, not in certainty.
It was born from chaos, a response to distrust in the system, not comfort within it.
However, most retail participants fail to grasp this. Market behavior moves in emotional waves that mirror these macro conditions, creating the same repeating patterns of accumulation, markup, distribution, and markdown time after time. However, there are always a few who try to outsmart the market, convinced they see what others don’t, that they know better, that this time will be different.
The market is, at its core, a machine engineered to profit from human emotion. It thrives on exploiting fear, greed, and impatience. And because human psychology doesn’t change, I don’t believe this cycle will be any different from the ones before it. Every time, people convince themselves that "this time is different," yet the structure of the market, and the emotions that drive it, remain the same.
The dollar’s value also moves in predictable cycles. It rises and falls in response to the Federal Reserve’s tightening and easing policies, as well as broader liquidity trends. However, the idea of an imminent dollar collapse is unrealistic. Structural devaluation happens slowly, over time, through sustained macro transitions, not overnight. This is key, because as liquidity tightens and the dollar strengthens, risk assets like Bitcoin typically face downward pressure.
All of these factors together form the foundation of my bearish outlook. Statistically, we’re entering the late stages of this current cycle. The data, probabilities, and timing all point to exhaustion rather than continuation. That’s why I’ve opened a 2.5x–3x leverage short using cross margin.
To be clear, this is not a reckless position. It represents only 10–15% of my overall portfolio, and my liquidation level, approximately 40% above the current price of $123,000. Liquidation on this swing sits at $170,000-$180,000. Based on my analysis, I view a 30–50% correction as far more likely than a continued parabolic move to those levels. My risk is defined, and I’m comfortable with it.
I understand why people ask, "Why go against the trend?" or "Why not wait for confirmation?" But trading the end of a cycle is not about following the crowd, it’s about positioning ahead of where sentiment turns.
Capturing major reversals requires a strategy most traders are unwilling to use. Cross margin allows me to absorb volatility without emotional reaction, something retail traders often struggle alot with. Institutions and market makers use similar approaches because they operate with conviction, not emotion.
If I’m right, I’ll earn from both funding fees and the downside move, all while increasing my BTC holdings as the dollar strengthens. If I’m wrong, I’ll lose 10–15% of my capital, acceptable within my framework. Trading is about trusting your system and respecting your probabilities.
If Bitcoin somehow pushes into the $170,000–$180,000 range, that would imply a structural shift, perhaps even a break from the diminishing returns model that has defined prior cycles. But my strategy is built on data, not hope. It’s based on technical and macro confluence, not speculative narratives. I have also been 90% right this cycle on the HTF & my track record speaks for itself.
I’m currently net short and building this position gradually on a dedicated sub-account. For those who share my outlook, I recommend isolating no more than 10% of your portfolio for a similar structure: use low leverage, stay on cross margin, and let the liquidation define your risk.
I’ve used this same system at $54K, $76K, and $90K during the bull market, and it served its purpose. Now, given current conditions, I believe a correction toward $60K–$70K over the next 6–9 months is the most probable outcome.
This is a long-term swing trade, not a short-term play. Unless the account is liquidated, I intend to hold through next year 6-9 months.
I hope this helps clarify my reasoning and why I’m positioned this way. Stay disciplined, stay patient, and trust your system.
God bless. My swing short is open. 🤝
$ETH
Still of the belief we see new highs this cycle, however looking at structure I have to consider this scenario IF we see a false break above the local range and then accept back within it. Less likely if we get a daily close > 4525.
$BTC Sunday update:
Last week's projection played out perfectly, at least the 50% of the wick was filled.
Now, are the imbalances to the downside fully retraced? can we expect a move up from here? where is the liquidity?
I'm expecting another volatile week:
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$BTC
After CPI, we usually see a push towards the upside. Most of the time we see the movement reverse right back down.
I do not think this time will be any different.
"Takes out top shorters after CPI & make narrative flip".
Textbook trick.
$BTC
In terms of general structure, I don't think something like this should be out of the question.
Reclaim 123,250 at any stage to invalidate, but prior to that (especially if we keep printing ranging/corrective price action) I think this is a very viable scenario - and one that would present a great buying opportunity for a move higher into 135k. Or at the very least a dead cat bounce if the cycle is over (I don't think it is).
Higher low into 80-90k then rip it to 135k and higher if it wants to.
I did initially want to give an under/over reclaim of the 107k level more of a chance - but so far price just isn't showing too much willingness to go higher and form impulsive price action that convinces me the bottom is in.
Is what it is - until it isn't.
Wanted to share my thoughts regarding this $BTC
We just witnessed one of the largest liquidation events in market history. Normally, such events are seen as strong buy signals during a bull market, they wash out leverage and reset sentiment.
But this time feels different to me. The scale of the liquidations wiped out a number of key market makers and liquidity providers. That kind of structural damage raises real questions about balance sheet health and the ecosystem’s ability to absorb shocks going forward.
BTC has now been ranging above $100K for roughly 3 months, consistent with the duration of most ranges in this cycle (with the exception of the $73K–$50K range, which lasted around six months). One of these ranges will eventually break, either up or down.
From a pure market structure standpoint, this looks more like distribution than accumulation to me. The recent drop from $123K to $108K on spot (with perps wicking to around $102K) is notable, but it doesn’t yet qualify as a true flush. If you’ve been in these markets as long as me, you know that kind of move isn’t necessarily “the” capitulation. I think we still need a deeper, more visceral correction, something that truly resets positioning and sentiment for BTC.
I could be wrong, of course. But I’ve been publicly short since $123K, and my bias remains for lower levels. Given how extended borrowing and margin levels are right now, both sitting near ATH levels... it seems far more probable that we see sub-$100K before new highs.
Ask yourself: since when does it make sense for retail to be fully positioned ahead of rate cuts and the end of QT? When has the market ever rewarded the obvious narrative?
Just my two thoughts. 👻
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