The Wolf Of All Streets

“$BTC closed the week above the weekly 50 MA for the first time since the bear market began. And now it’s working on a higher high. A close at these levels and bear market argument is dead. Some would say this move has already killed it. $82,814 is broken. https://t.co/f4XiymJZNZ”

“Bitcoin spent a historically long stretch in fear, and one week of greed is not the top "Crypto greed gauge hits highest since just before October's nineteen billion wipeout. I am seeing this narrative everywhere and it drives me absolutely nuts." "Bitcoin spent a historically long period in fear. If you were looking at the sentiment index it was fear, slight spikes out, extreme fear, for months at a time, something that had never happened before. We finally exit fear and get into greed for the first time, and you already have the crypto media talking about the October nineteen billion dollar wipeout and how this is exactly the same." "Take a look back at the crypto fear and greed index then, and you will notice we were in a raging bull market with Bitcoin going all the way up to one hundred twenty six thousand. Much like how we have been in fear here, we had a long sustained period of greed and extreme greed." "We just got there. This is just the beginning of a sentiment shift, and it is disingenuous to compare it to the top of the entire bull market. Much like RSI can stay overbought for a very long time when things get going, so can greed sentiment remain elevated. I think this is a bullish narrative and not a bearish narrative."”

“The same signals that marked the bottom are now showing up as signs of a local top "A lot of the signals we saw that were very key signs of a bottom are now showing up as key signs of a local top. I do not think this move is over, I'm just getting excited to hopefully buy some dips as price drops here. Bitcoin has a tendency not to give you the dips you want, but that's what I'm looking for" "Those signals are overbought RSI now. We had almost historically high RSI on the daily chart. We're seeing bearish divergence with overbought RSI on lower timeframes, meaning strength abating even as price continued up" "And we're at key levels of resistance. The 50 moving average on the weekly chart, we basically went right up to it and got rejected. That's the kind of area you'd be looking for price to retrace below, to gather up strength to go back above"”

“Bitcoin needs to hold above around $82,800 to break the bearish structure "I do believe we are likely near a bottom. All the signals I've been telling you about for months were there, and now we've passed some fundamental levels that I think are important" "That said, for the technical analysts out there, Bitcoin needs to get above around $82,800 and hold there to make a new higher high and abolish the bearish market structure that still exists" "If I had a gun to my head, I would imagine we see some sort of retracement to some degree. Let RSI cool off, let the chart cool off a bit, maybe go back and test the low 70s or high 60s, get people thinking we're in a bear market again, and then gain fuel for that next rally" "It's nice not to be trading sideways at $64,000 indefinitely. It seems Bitcoin finally produced the perfect bottom signal, which was everyone stopped caring. Perfect time based capitulation"”

“I am not saying that Bitcoin is starting it's next move, although it very well could be. I am saying that I've been very publicly making the case for a potential bottom since February and I still think odds are in favor of that arugment.”

“The Rise and Fall of Bitcoin Treasury Companies “One thing I got right and got right early in the face of extreme pushback was that Bitcoin treasury companies were a horrible idea, the next bubble" “They’d take a defunct pharmaceutical company, turn it into a Bitcoin treasury, the stock goes up, buy a bunch of Bitcoin at the top, with no plan to ever do it again. The premium collapsed and they all top-blasted” “This was the dumbest thing I’d seen in a long time and I screamed about it repeatedly. I got pitched to invest and didn’t because it was obviously dumb””

“Bitcoin Is Setting Up for $70K - But The Fed Could RUIN It https://t.co/OOnzxV1HYP”

“The overwhelming consensus today is that Bitcoin is headed much lower. Maybe it is. The trend is still down on the higher time frames, macro uncertainty remains elevated, and there are legitimate reasons to be cautious. But markets have a funny habit of making the majority feel smartest right before they make them the most uncomfortable. So let's suspend our biases for a moment and ask a different question. If Bitcoin were actually in the process of putting in a major bottom, what evidence would we expect to see? A month ago, I laid out the historical case. At the time, I argued that Bitcoin was beginning to enter the same conditions that had accompanied every previous major cycle low. It wasn't a prediction. It was simply an observation that several independent indicators were beginning to align. Since then, that case has become stronger. The weekly bullish RSI divergencewith oversold conditions I discussed has now been confirmed. The daily chart is showing the same thing. Momentum is improving even as price remains near its lows, exactly the type of behavior technicians look for when trends begin exhausting themselves. Bitcoin also continues to find support around its 50-month moving average, a level that has historically marked major long-term buying opportunities. It is also trading around the 200 Weekly MA, a level that has marked every bottom. On-chain metrics continue to show underwater supply at levels typically associated with broad capitulation, suggesting a significant amount of forced selling has already taken place. At the same time, whale accumulation has exploded. Large holders are accumulating Bitcoin at the fastest pace ever recorded. These were the same wallets that sold the top. That's worth paying attention to. Historically, the biggest players don't wait for perfect headlines or obvious trend reversals. They accumulate while uncertainty is highest and conviction is lowest. Then there's sentiment. Fear and greed is in the gutter. Also, every major Bitcoin bottom eventually becomes associated with a narrative that feels impossible to overcome while you're living through it. In previous cycles it was Mt. Gox, China's mining ban, COVID, Luna, Celsius, and FTX. At the time, each felt like an existential threat. Looking back, they were signs of peak fear and capitulation. Today that narrative has become Strategy. The conversation has shifted away from Bitcoin itself and toward whether Strategy can continue financing its accumulation. The prevailing belief is that dilution is inevitable, capital markets are closing, and Bitcoin can't sustainably recover until Strategy fails first. But nearly every one of those arguments depends on the same assumption: Bitcoin continues falling. If Bitcoin stabilizes, trades sideways, or begins recovering over the coming months, much of the bearish case against Strategy begins to unwind naturally. Financing improves. Market confidence returns. Access to capital opens back up. The feedback loop everyone is worried about today begins working in the opposite direction. In other words, perhaps the market has cause and effect backwards. Strategy doesn't necessarily need to survive in order for Bitcoin to recover. If Bitcoin is already entering a bottoming process, many of the concerns surrounding Strategy may simply resolve themselves. This brings me to what I think is the most important point. Major bottoms don't form when everyone suddenly becomes bullish. They form when the market quietly stops going down despite nearly everyone expecting it to. That's exactly what bullish momentum divergences represent. Price continues testing lows, sentiment remains terrible, headlines stay negative - but underneath the surface, selling pressure begins fading. Momentum improves before price does. Strong hands quietly absorb coins from weak hands. By the time the news turns positive, much of the move has already happened. None of this guarantees we've seen the final low. Markets don't provide certainty, and major bottoms are rarely clean. They tend to frustrate both bulls and bears before a new trend emerges. But when I step back and look objectively at the evidence, I see a market where weekly and daily bullish divergences have now been confirmed, long-term support continues to hold, whale accumulation has reached unprecedented levels, on-chain capitulation resembles previous cycle lows, and sentiment has become overwhelmingly one-sided. Could Bitcoin still make another lower low? Absolutely. Could this process take longer than anyone expects? Of course. But if you're intellectually honest enough to consider both sides, I think the bullish case today is far stronger than most people are willing to admit. And historically, that's often what major turning points have looked like.”

“@cryptomanran Rosen is ambulance chasing in this case. Using us as PR to find clients for a class action. The US is highly litigious. Anyone can sue anyone for anything. The strategy risk is duration. Bitcoin goes down and stays down.”

“$BTC WEEKLY I have been consistently making the argument that Bitcoin is likely “bottoming.” This is based on multiple ideas, notably that price was visiting the 200 weekly MA for the 4th time in history. It has only traded below it for more than a week in 2022, after FTX (9 months). We also had oversold conditions here for the 4th time ever, all bottoms. For the second time ever, we now have bullish divergence coming out of oversold RSI on the weekly chart. We now have 2 candles wicking below the 200 MA and closing above, all while sentiment is in the dumps and narrative about complete collapse are rampant. I remain cautiously optimistic that the the path is up.”

“@CapQka @CryptoKaleo The capital structure. On a bet that bitcoin appreciates slowly over time, enough for the asset base to outgrow the obligations.”

“"The most bullish scenario is that we get a price flush down to $55K, $56K, and then we skyrocket" "I'm not calling for the bottom, but I do think that we are bottoming" https://t.co/tHxKk7WTJC https://t.co/gviz9eUWGd”

“This was a solid signal in November. https://t.co/CvG8NUXsy7”

“$BTC DAILY I barely trade, but there's one signal I am always watching. We have had clear bearish divergence with RSI on multiple time frames, daily shown. Right into key resistance. https://t.co/TT67egHLVh”