good evening o/

firstly, i’d like to just say; i’ve shared all the bear cases i could think of,
and while they might look appealing to some – they don’t look that appealing to me.
i share tons of scenarios, even the ones i am not that big a fan of.
why?
because the market isn’t linear, and i like to be prepared for every possible outcome.

most people just buy and hold things<
<i’m in cash 95% of the time.
all of my trades are short term scalps (in either direction).

ask any single person how much they made since BTC topped out back in november;
then ask me 🥂.

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i saw this correction coming before it even topped out.
people called me absolutely ridiculous for even considering the idea of btc dropping back down to 30k,
but i stuck to it, and we’ve come a really long way.
no hard feelings to all the bag holders,
but i’m not about that kind of lifestyle.

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last night i shared a chart on the dxy ,
check it out if you haven’t yet:

that dxy chart is the reason why i believe that a bottom could be looming right around the corner,
(in the next 1-2 weeks in the overall markets).

it rhymes beautifully with the spx500 as well:

add the current level of fear into this equation,
and we got a perfect storm for a massive bull run on the horizon.

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the majority of the market is absolutely bearish right now.
the majority of the market is also wrong 95% of the time.

people get emotionally attached to ideas,
which in turn makes them lose moneys.
i have 0 attachment in this market, 0 bias.
all my trades are based off the chart patterns that are presented to me on a daily.
i might not be right every single time, but it’s not about being right – it’s about risk management.

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if my theory for the dxy holds true,
there’s a good chance Bitcoin runs to $100k+ in the year ahead,
there’s also a really good chance the spx500 runs to $5750 during the same time.

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the trade here is simple;
if btc manages to stay above $32918.7 (stop loss below)
the triangle idea will become a reality,
and all the brave souls buying into this fear,
will be rewarded big time.

🥂

ps. i always go with the unpopular opinion.
ps2. it’s fine if btc goes below the bottom trendline(don’t panic), so long as it stays above 32.9k, we are good 💰.