Published 30 Jul 2026, 13:25 UTC · fetched 3 Nov 2026, 10:58 UTC
₿IRB
@crypto_birb
In reply to · 30 Jul 2026, 13:17 UTC · context given to the AI
$30k 🤣 From the exact high on his chart ($126.2k) down to the current print (~$64.5k) is a 49% drawdown. Go look at every Bitcoin cycle. The 2021 mid-cycle dump from the April high to the July low was 47-54%. Price made a new all-time high four months later. Full-cycle bears (2018, 2022, earlier ones) printed 75-85%. There is almost nothing in the historical record that sits in the middle. The-66% “average” is full-bear math forced onto a correction that is still the shallowest major drawdown Bitcoin has seen this deep into a cycle. The structure on the chart does not support a multi-year winter. Lower highs exist, the 200-day is sloping down (it always does after a parabolic run), and the RSI already tagged the long-term low and is turning. Basically the same signature that showed every prior mid-cycle flush and not the ones that went 30 pts lower ..@CryptoGoogan Good copingView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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