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Published 6 Jun 2026, 12:29 UTC · fetched 3 Nov 2026, 10:54 UTC
Peter Schiff
@PeterSchiff
Look at this long-term Bitcoin chart. The uptrend off the Dec. 2022 low is broken. There's a huge head-and-shoulders top forming. The most likely resolution is a retest of the longer-term uptrend off the Dec. 2018 low. If it holds, that puts a bottom between $25,000 and $27,000. https://t.co/aIV806YiULView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 61870.71 / 60997.96 − 1 = +1.4%d × r = -1.4% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
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