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Published 30 May 2026, 18:52 UTC · fetched 3 Nov 2026, 10:58 UTC
₿IRB
@crypto_birb
I'm sorry bulls. BTC is now 41% off the 126K top from 10/10. And it's about to 30th week below the 50-week trend. Dow Theory calls this Distribution to Panic. Every rally since the top has been a lower high. Could 60K from February be the bottom? Unlikely. Bear bottom confirmation historically prints 30-40% above the cycle low. For 60K that's 78-84K. Guess what? We just came from there. And bull breakout was rejected. Not by me. By the market. So yeah. I'd have troubles sleeping at night with longs open. Agree or disagree?View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 73492.79 / 73929.53 − 1 = -0.6%d × r = +0.6% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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