vocabulary no one else can match.
what in the irony
it's easy to find data that confirms whatever bias you want to hold about the market right now
bull or bear
for example:
you could use Q4 seasonality and the 4-year cycle theory to argue that R/R favors upside from here
or you could highlight historical crypto performance around US midterms to argue that we go lower
both sides can build a convincing case if they cherry-pick the right data
but when you zoom out and focus on what's happening RIGHT NOW:
- US equities losing trillions in market value amid the accelerating sell-off
- Asian markets suffering a major tech-driven rout
- AI-driven cybersecurity risks escalating, with potentially serious implications for global digital infrastructure
- the US-Iran war escalating, with the risk of further military action remaining a major wildcard... especially once Trump no longer has to worry about an imminent election
- the situation deteriorating across Saudi Arabia and the wider Gulf region
- US macro data coming in less favorably than many had anticipated
and yet $BTC has refused to break down decisively despite all of the above
if bitcoin is absorbing this much uncertainty without a major breakdown, how easy is it to make a convincing case that the market is about to get significantly worse from here?
not saying it can't happen
but ignoring how well $BTC has held up while focusing exclusively on bearish historical patterns is just as much of a bias as blindly expecting Q4 seasonality to save us
yack retweeted
Luka Doncic is offering fans free parking to tonight’s game vs. the Warriors, and free Metro Bike rides across LA.
A man of the people.
yack retweeted
Luka Doncic places full-page ad in LA Times ahead of Lakers' season opener on Wednesday.
"Dear LA, tonight we start our run for a championship."
(via @DanWoikeSports)
becoming less and less confident abt continued downside - no strong directional conviction tbh
tp some shorts on previous downwards surge but may look to close out more soon
still very long hype (currently acting as a hedge [but with a MTF/HTF in terms of tp]) and will look to add (+ zec) if prices drop more











