I think it chops well into Spring 2027.
With the amount of bad news and uncertainty being thrown at Bitcoin right now, you’d expect it to be trading a lot lower.
We’re definitely in the process of establishing a major pivot low soon.
Bearish FOMC, with rates held (priced in)
Rising oil prices
Hot CPI data
Global bond yields surging
DXY rallying
Ledger wallet hack
Relentless FUD around the pivot to AI
MSTR delisting fears
Yet despite all of this, Bitcoin is quite literally holding its range.
In the grand scheme of things, considering how much negativity and macro pressure is being thrown its way, BTC is looking quite good.
You’d think with this kind of shit we’d already be trading well below 70K. But we’re not.
And to me, that’s interesting.
$BTC is becoming increasingly resilient. The market is absorbing bad news without the kind of downside reaction you’d normally expect. That is clearly a sign we are in a bull market.
Bad news in a bear market pushes prices lower, bad news in a bull market pushes prices higher.
Sometimes strength isn’t about how much an asset rallies on good news. It’s about how well it holds up when everything seems to be going against it.
And right now, BTC’s resilience is telling us something.
Very telling indeed.
Gene retweeted
I see people posting in various places that they aren’t sure what to use Grok @bot for, so here’s some simple tasks that almost everyone can use it for:
1. Cleaning up emails. Have @bot unsubscribe you from those pesky emails that you never open anyway.
2. Budget. We could all use a little help managing our finances. Let @bot help you out.
3. Cut expenses. Make your own @bot or use an existing one (see comments). Whether it’s your mobile bill, internet, insurance, or more, use a @bot to help.
4. Time saver. Think about any task, chore, etc that you do and wish you could have an assistant handle. Make a @bot to take it off your plate.
Hopefully these ideas help to get started! I know they helped me.
Definitely fart. Here's my logic.. bad actors expect a honk or lights. Then they just run. But a fart leaves them confused for just a bit longer, enough time to get better Sentry footage of them. 😎
McRib is back! You know what to do. crypto.com/us/market-updates… bitcoin:native
Does anyone else not remember whether you already took your Ambien or not and out of strong desire to sleep just say F it and take one (maybe again)?
Gene retweeted
If you pay $35k for a vehicle and it doesn’t drive itself you have failed the iq test and put your family at risk.
No, your favorite trader on X is not going to guide you to riches.
Day trading is a losing game for nearly everyone.
A Brazilian study of people who day-traded futures for 300+ days found 97% lost money.
Taiwan’s full market data over 15 years showed fewer than 1% of day traders were reliably profitable after fees.
Most of the loud ones are mainly selling engagement.
The better path is simpler: buy quality assets with a real fundamental narrative, DCA only what you can truly afford, learn to handle the drawdowns, and be patient.
You have better odds at a real casino than trying to out-trade the market.
Following trading influencers is closer to gambling than investing.
If you need help: National Problem Gambling Helpline: 1-800-MY-RESET.
Gene retweeted
Holy shit y’all are not ready for tonight’s Tesla Roadster demonstration.
There is a massive ramp 😂
Gene retweeted
Your regular reminder that watching every tick of the market probably isn’t helping your returns or your sanity. Days like today are part of the deal. Unless you’re overleveraged or your thesis has changed there’s probably nothing you need to do. Do you still believe this aI driven tech cycle will make the economy dramatically more productive and efficient? If so days like today shouldn’t change much.