The real test of bullishness or bearishness will come from how Bitcoin handles this decline. It has the chance to form a higher low, or complete the cycle and make a lower low than 58k.

Short-Ter…

My thoughts on psychology remain the same. At the latest high, it was "the bull market is back." Almost every projection I've seen is a line drawn straight up to ATHs.

Every turn this bear market…

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Average time to the cycle bottom is now complete at 396 of 391 days.

This is where most people get "the cycle bottom must be in by now," because of the past 2 bear markets lasting about 1 year fr…

AI stocks are taking a big hit, can't have big volatility to the upside without an equal and opposite reaction.

This is hitting QQQ (the top 100 performing stocks) much harder than the S&P 500 wh…

The comparison to 2015 still holds up.

Downtrend has broken to the upside, and a higher high was made. And yet, in August 2015, under the same circumstances Bitcoin still found a way to make a ne…

Evidence is starting to leak through that the latest move was a false bull market start.

On fear and greed, there was a move to extreme greed in September, which is too strong too early. The onl…

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Too much, too early.

Bitcoin spent the time charging up in high chop (green zone), generated a power move crossover, but then immediately leaped into low chop/cycle top territory.

This is what m…

Maybe we can finally get that 3rd "7"!

Behind the scenes, the consecutive candles are currently at a 4. The 7 would appear by early December.

Or an "a13". Either would do for the cycle bottom.

The popular thought has moved from "Line straight up to ATHs" to "build a higher low in an inverse head and shoulders on the 200 Week SMA, then straight up to ATHs."

I really don't see why the 20…