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Published 23 Jul 2026, 15:48 UTC · fetched 6 Nov 2026, 14:17 UTC
Kayne (formerly Penguin)
@ThePenguinXBT
$BTC 🧪 Counts a bit unclear working from our July lows upwards at this point in time. Definitely do think that we are working correctively up not impulsively. Nonetheless the direction should be up and I remain bullish unless the trend changes to bearish. Potentially a complex upwards but I have no concrete count on Bitcoin right now and will likely just end up backworking the whole thing afterwards. Alts are in a much better spot at this point in time.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64026.99 / 64906.5 − 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
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