Published 3 Aug 2026, 08:17 UTC · fetched 6 Nov 2026, 14:17 UTC
Kayne (formerly Penguin)
@ThePenguinXBT
$BTC Macro Outlook 🧪 My highest-probability count still points lower. - The October 2025 top looks like an ending diagonal. The decline since fits a complex WXY correction better than a clean five-wave impulse. That keeps $42K on the table currently. There is a valid alternate that takes BTC back above $100K first- but it isn’t my base case. The interesting part? Many alts are already sitting near macro lows. Two valid paths. My overall bias remains lower for Btc and up for alts.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 63516.21 / 62457.59 − 1 = +1.7%d × r = -1.7% (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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