RektXBT

Can’t believe they let me short $eth at the range high again

Tomorrow just feels like a black Monday crash type day… Brace your portfolios for some insane downside Don’t say I didn’t warn you 👁️

Your sentiment is the sentiment. The people googling it can’t even define it. The people doubting it often say ‘good luck thinking you can just buy October’ which also shows they don’t understand cycle theory. The crowd will continue to swim against the tide until the 4 year low. Then it will doubt it and look for one more low. Same stuff over and again.

$BTC Plan for Bitcoin…

I’m honestly shocked at how many are calling the bottom of bitcoin here. Whats even more interesting is the amount of people that are angry at the idea it could go lower. Here’s the cycles data: Daily cycle bottomed last week but this is the last daily cycle in the weekly cycle. So nothing more than a counter trend bounce is expected before heading down into a weekly cycle low at the end of May. Then we have the first real chance at a bottom. But on a balance of probabilities, we get something like 2-3 months of counter trend bounce / chopsolidation, followed by another decline into late 26 for a weekly and 4 year cycle low. So the way to stack the probabilities in your favour is to wait for late May to hunt for leadership and then be open to adding more late 26. The absolute best case scenario price wise is we range sideways for the rest of the year. But that would be something we almost never see for 4 year cycle lows. I actually can’t even think of a 4 year (or any other major yearly) cycle low that formed via time (if anyone has one please let me know) So people betting on the lows being in here don’t realise they’re betting on a 10% probability outcome.