Published 19 Aug 2026, 09:00 UTC · fetched 3 Nov 2026, 10:58 UTC
Merlijn The Trader
@MerlijnTrader
BITCOIN JUST PRINTED THE 2020 SETUP THAT RAN 90% IN NINE WEEKS. Four rejections, wedge broken, then the bottom. Last time Bitcoin ran from $10,000 to $19,000. Price is at $64,305. Chart target $150,000. Bears calling $40,000 will call $40,000 all the way up. Weekly close below $58,000 invalidates this.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 71734.53 / 64367.8 − 1 = +11.4%d × r = +11.4% (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
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction