Bearish(Nuanced)BTC
8/25/2026 Another Binance boon-doggle
On Aug 22, @binance some sucker retail traders got stopped out in Bitcoin a full $3,000 below the low of other exchanges
Leave it to Binance to find a way to push its customers over the cliff. It has a history of historically gruesome stop-outs https://t.co/7OhJDT77uf
View original →Does anybody remember when I posted about "Price Walls" (a decades-old TA tool) at the BTC bottom in 2021?
Well, we are here again. $BTC
Old-school TA can outcompete new school TA any day of the week https://t.co/8VJwamCyUv
View original →There was a reason to have expected a downside move in Bitcoin. An inverted H&S with a belabored right shoulder has a 60/40 chance to be resolved to the downside. And, the trend was down. But the completion of the H&S bottom changed that. I bought the breakout for better or worse
View original →Dear readers
Re: U.S. equities
I am fully long S&Ps along with stock indexes through the world - Asian and Europe
Understand my opinions and positions may be different
I've watched the price action closely today -- it is fascinating
I've seen this kind of price action before -- in Gold last year, Bitcoin through the years, stocks back in '25 and many many times through the year
The market is not going up on bids
You would guess so, but that is not the case
Market is going up with no backups. This means offers are immediately taken
Not sure where the top is, but this feels like the beginning or middle of a blow off
Do not get shorts is my opinion
View original →One of my favorite chart patterns -- one I first traded in 1977 in Soybeans, years before the parents of some of you were born.
Also shown is one I traded last year in Bitcoin
The more things change the more they stay the same
Old school works https://t.co/y1Ho1n6cBH
View original →I am contemplating selling some of my Bitcoin and going to Gold with the money.
Looks to me that Gold is going to gain substantially on Bitcoin $XAUBTC https://t.co/m4EUqkbh5j
View original →There are few other markets that so neatly comply to understanding using classical charting principles as Bitcoin (Schabacker, Edwards, Magee) https://t.co/LT1Hxztx23
View original →Major support in Silver comes in at $54
Here is how the dynamics of price behavior works:
Late comer bulls who bought >$90 missed the top and have sworn to themselves that they will never sell out
In fact, they have stated their intent to buy more at $65 and more at $60
They will mark the bottom by puking out their positions below $60 swearing to never trade Silver again
This is how bottoms are made every time in every market be it Silver or Bitcoin or Soybeans or Sugar or the S&Ps
$SI_F #silver
View original →Here is a fascinating chart @DanChesler sent me
Whether you are a bull or bear on $BTC, this should be an interesting chart to watch $SBIT
It is a classic inverted H&S bottoming pattern
Ultra contract charts favor shorts most of the time https://t.co/bb6hqnNGOB
View original →Bearish(Nuanced)BTC
6/4/2026 As I see it Bitcoin has met its initial target at Feb low. This does not mean that BTC cannot work lower or have a terminal wash-out. I do not see a tradable low until October. https://t.co/Yg9RL8U7cF
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