I'm just a chicken 🐔 If you take my advice and it backfires atleast you can get revenge by going to KFC 🍗
Not financial advice
Joined February 2018
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Most people are still very bearish, calling for a June 2022 style drop down to $30K-$40K. But the structure is nothing like 2022.
Back then $BTC lost support and got rejected hard. In 2026 we’re holding above support, not breaking below it. The chart speaks for itself.
Dorkchicken retweeted
$BTC is currently clinging to the 50WMA, and on the lower timeframes the price action is rhyming with 2023 remarkably well so far.
Don't be surprised if we get a sweep below the September lows to tag some major Fibonacci levels before the next leg higher.
Dorkchicken retweeted
The weekly 20MA (yellow) remains on track to cross above the 50MA (white).
A signal that has historically confirmed $BTC bull markets, excluding the COVID-induced volatility.
The estimated crossover date currently falls around the end of this month.
Dorkchicken retweeted
Despite getting pummeled every single day...
The degens are continuing the struggle to beat MM and CEX.
High leverage long cluster build up down to 74K, Shorts building up to 78K area.
$BTC being calm is both a bull and bear trap short term. Degens got drunk forgot how hard they have been REKT last 30 days and entering new trades this weekend.
I gave my subscribers the heads up. The chop continues. Uncertainty is still high from US-Iran conflict.
The Fed is not giving a clear signal. Neither QT nor QE right now with ZERO forward guidance. Market odds for rate hike at 76% for 25 BPS in Dec FOMC.
Be careful don't get REKT before the real bull fam. You are not in a hurry to your grave.
🍀🍀🍀🍀
Bitcoin has been correcting since 87K local top as expected.
But you need to survive the last phase of it. Usually we get a last long liquidation wick before the pump.
Gave my subs the 58K entry and 82K take profit. Now is the time to start DCA into quality.
But if you don't know which Altcoins to buy then stick to BTC only or educate yourself and get deeply involved.
People throw 100 hours into watching sports and play games. But they spend less than 5 minutes before buying a shitcoin from a scammer.
Don't be a sheep
Not financial advice DYOR
The weekly 20MA (yellow) remains on track to cross above the 50MA (white).
A signal that has historically confirmed $BTC bull markets, excluding the COVID-induced volatility.
The estimated crossover date currently falls around the end of this month.
$BTC is currently clinging to the 50WMA, and on the lower timeframes the price action is rhyming with 2023 remarkably well so far.
Don't be surprised if we get a sweep below the September lows to tag some major Fibonacci levels before the next leg higher.
Dorkchicken retweeted
Sometimes it's worth zooming out and looking at the $BTC chart in non-log scale. It puts things into perspective.
$ETHBTC still can't break above and establish itself over the monthly Bull Market Support Band, and the RSI remains below 50.
For a full-blown altseason, both of those conditions are needed.
On the bright side, the bull bands are starting to flatten out. Let's see if the trend of higher lows can continue.
Sometimes it's worth zooming out and looking at the $BTC chart in non-log scale. It puts things into perspective.
Dorkchicken retweeted
$INJ was one of the few coins printing green during yesterday's bloodbath.
Strength during weakness is worth paying attention to.
Here's where I think we are in the current cycle relative to the last one.
Dorkchicken retweeted
The #BTC liquidity grab that I warned about has been merciless.
More than 14,000,000,000 in total liquidations both longs and shorts.
MAX PAIN levels: 75K and 82K both been tapped. It could go for longer.
We managed to long 60K entry as I told my subscribers many times. At 80K I told them that we might chop here for months before the next leg up.
Don't over trade. Don't think short term. Start building capital and think long term.
If you are not prepared then stick to SPOT BITCOIN no leverage and no shitcoins.
If you want preparation for the coming bull, then check out the subscription. Cost a coffee per month.
If God wills it
$INJ was one of the few coins printing green during yesterday's bloodbath.
Strength during weakness is worth paying attention to.
Here's where I think we are in the current cycle relative to the last one.
Imagine if $BTC lost the fabled 50WMA for a while.
The $30K-$40K targets would be everywhere again.
Meanwhile, despite all the negative headlines, we've had weeks of selling in a very orderly fashion. No real panic. No capitulation. Just a steady pullback.
VIX is going wild today.
Will we reach or break above the "Stress" line around 30 soon?
When there's blood in the streets, opportunity is usually just around the corner.
$MAGS (Magnificent Seven ETF) sitting at a key weekly support zone.
Bulls want a hold here, but a sweep into the PoC wouldn't be surprising and could even be the healthier setup.
How much did $BTC rise from the cycle bottom to the next halving?
• 2016: ~300%
• 2020: ~200%
• 2024: ~330%
Even a conservative 150% move from this cycle's bottom would put BTC around $145K.
A 200% move would target roughly $173K.
Food for thought.
Dorkchicken retweeted
By Elliott Wave rules, Wave 3 is the most impulsive and strongest move, clearly visible on the $OTHERS chart.
Wave 5 makes a higher high in price but with weaker relative strength, creating the classic bearish divergence.
This cycle is just getting started. The biggest pump is still ahead.
Choose your altcoins wisely, don't blow up by overleveraging, and chill.
By Elliott Wave rules, Wave 3 is the most impulsive and strongest move, clearly visible on the $OTHERS chart.
Wave 5 makes a higher high in price but with weaker relative strength, creating the classic bearish divergence.
This cycle is just getting started. The biggest pump is still ahead.
Choose your altcoins wisely, don't blow up by overleveraging, and chill.