Sykodelicc

One of the most reliable bottom signals has fired.
Every cycle it has marked the true low.
In 2022, the price went slightly lower due to the FTX black swan.
And I do class this as a black swan, because it is always the only outlier in every HTF metric I track.
In the chance that the bottom isn't in, then we will, at best, be going into the $50k's... no lower imo.
Timing the exact bottom is very hard, and it only becomes truly known in hindsight.
But all we need to know is that the bottom is very likely in, and that is enough for us to take action for the next phase.
Anymore downside here is li

The chance of Bitcoin making new lows now is very small.
The bottom signals have stacked up to a very high degree...
With this one being one of the best.
Bitcoin has put in a very strong break on the weekly RSI here, after matching the lowest ever reading in its lifetime.
There are no guarantees in this game, but the probabilities are now very slim for new lows of any kind.
How this week closes will give us our final confirmation I believe.

This is very good news for your alts.
The Russell 2000, small cap stocks index, has confirmed a deviation below its uptrend and is looking seriously strong.
In addition, we have US liquidity pushing hard off its lows.
This is good for your alts because small cap stocks always lead alts.
And liquidity always leads small cap stocks.
As I have been saying for months on end, this is not a bear market.
We have not had our cycle high... we have had a mid cycle high.
It should be clear to you after todays moves across the board...
That everything is going higher.

Here we go.
Bitcoin finally pushing through the 6 month down trend resistance.
We still have an hour and 45 minute to go until the daily close... but if we can sustain this and close here or above...
Expecting some rapid moves across the entire market.
With SPX, RUT and Copper all being so strong today, I am expecting this to hold.
What do you think chads?

This is important to understand.
At first glance, the previous two ranges on Bitcoin look very similar.
But under the surface, they are actually pretty different.
The current range is now at day 67, and by this time on the previous one, we had already begun to break down.
And there are two important differences here to understand.
1. With the previous range, funding was highly positive the whole time, meaning more people were longing. This time, funding is much more negative, meaning a lot more people are positioning on the short side(less long liquidations to hunt).
2. Coinbase premium was de

This is the worst case scenario.
If we have not bottomed, we are in the final 2% - 3% of that bottoming process.
Every time $ETH has had a death cross on the 3D chart the bottom has either been in(twice), or very close(once, bottomed 54 days after).
Death crosses are great pieces of data because they show us the converging of different time length average prices.
A Death cross happens when the 50D goes below the 200D, which shows us a very over-contracted price.
Right now, If $ETH were to follow its worst case scenario, the bottom would be in 54 days from the Death cross, which gives us the 28

Would love to get the chance at this long.
Initial rejection from the 6 month downtrend to be expected... not time to fully consider lower prices yet.
We've just had a news driven flush on the weekend, and as we all know, these news headline change every hour.
But right now we the highest level Coinbase Premium since the October peak.
With Funding staying largely negative for the last few days.
Nothing too bearish about this yet whatsoever.
Let's see what the new week brings, but if we get $70k I'm taking a bet on that all day.

This describes Crypto investors perfectly.
When $TAO was in the dumps under $200 and I bought it, many people laughed.
Then about 2 weeks later and it was sending it everyone was talking about how good it looked and loads of people aped the top.
Now, its had a very expected 3 wave correction, tagging the 90d VWAP, and everyone is FUDding it again.
Its the same every single time.
And its why 99% of you lose over and over.
If you were bullish $TAO you should have been buying under $200, or now... not at the end of a 5 wave pump.
But that is what most of you will keep doing, whilst spending your

We are in the same cycle.
We have not started a new cycle.
When we look at charts like OTHERS/BTC here...
As well as ETH/BTC, BTC.D, TOTAL2 + 3, it is very clear.
We have not had the weakest cycle ever... we have just ONLY has the first part of the cycle, which is the weakest.
You can see, very clearly, that this downtrend on OTHERS/BTC is the longest ever, at the same time as having the longest ever contraction in the business cycle, and liquidity also being in the longest range.
These things are not happening in a vaccum guys - they are inextricably linked together.
We are in the same cycle,

Super important level right here.
Bitcoin is attempting to break the downtrend from $126,000.
If we push through here and close above, $74,400 comes fast and after a weekly close above that, much higher is on the cards.
If we reject here again, then I would have to assume we're going for the range low $60k sweep.
We do have the conditions brewing for a short squeeze here as funding has flipped deeply negative, whilst Coinbase premium flipping nicely positive.
Let's see how PA develops and keep it simple.

US Liquidity is breaking out.
We just had a massive breakout spike in US liquidity.
Last time this happened was at the 2022 bottom.
We also have this happening at the same time as PMI is in expansion... This is another one of the macro pieces that is not happening by coincidence guys.
The reason this cycle has been the weakest cycle is because liquidity never actually broke higher... we have just ranged for 4 years, just like we did with PMI.
All of these pieces are linked.
US liquidity was the same level in August last year as it was in December 2022.
But that is now changing and we are movin

Long term holders keep heavily stacking .
Long term holders have now added 961,000 Bitcoin since the bottom.
$70,000,000,000 added so far.
That aint chump change.
Every time they have done this within this cycle, it has created another strong leg higher.
Accumulation isn't starting, its close to ending.
Big boys are ready for whats next as the majority has capitulated.

Its pumping.
Global liquidity is on the rise again, along with FED Net Liquidity.
At the end of the 2021 bull market, liquidity peaked and dropped severely along with Bitcoin.
This time, however, liquidity is pushing higher.
This one single metric alone shows how different this cycle is, and not being aware of these differences, is folly.
I readily admit that this BTC correction caught me off gaurd because i was not expecting it to deviate from global liquidity for so long.
But there is only so long it can deviate.
Once this correction is over, its higher for longer than most imagine.

It will be very obvious in hindsight.
This range is going to go down in history as the largest bear trap ever.
Everyone thinks we are following the 4 year cycle, convinced that we have a very long recovery ahead.
They don't realise we are still in the same cycle, and that this is very very likely, just a mid cycle correction.
I have all the receipts for this on my page, go and look through them if you want more info.
During this range, we have had the Iran conflict start and Google Quantum paper FUD, and Bitcoin is higher.
You need to slap yourselves out of your bear coma, and understand what

Let me help you see.
Once we close the weekly above $74,400, this is happening.
And hardly anyone is expecting this.
Expanded flat, aggressive reversal, new highs this year(latest Q1 next year).
Buy oversold tokens here, hold them for 6 months, and you will be golden.
This is a post I will look forward to coming back to.

This has a 100% record.
Every single time in the last 23 years that PMI has entered expansion, after contraction, it has signalled the start of a heavy risk on period for markets.
I've used Russell 2000 here to take us back to 2003 as Bitcoin was not launched then.
Russell is a good proxy for Bitcoin as it is high risk small cap stocks.
You can see very clearly that it has never been about a certain based time cycle.
If Bitcoin was alive in 2003 it would have gone on a multi year bull phase too, just like Russell did.
Its not about time, its about overall macro.
Just how this cycle we have had

Bitcoin is looking much more resilient here.
In the previous range, once we lost it, we never reclaimed it.
Coinbase premium then accelerated to the downside, whilst funding stayed decently positive(longs paying shorts)
Now it looks a lot different.
We lose the range trend, but have reclaimed it twice.
Coinbase premium was minimally negative and has now flipped positive again. With funding has been a lot more negative.
What this tells us is that Coinbase are not selling like they were, and there are a lot more people shorting i this position than there were during the last range, at this point