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Never before has Bitcoin so thoroughly built a launch pad. Retail interest is still low after the 2024 top and corporate/governmental interest is through the roof. This is going to be a massive bubble playing out over the next 3-6 months, possibly even over $300k Bitcoin at the end as the narrative shifts from "BITCOIN IS SPECULATIVE" to "BITCOIN IS A MUST HAVE ASSET" and retail will FOMO in as they always do. The higher it goes, the more brutal the bear market will be. in late 2026-2027 the narrative will be "CRYPTO IS A SCAM". Corporate treasuries that jumped in late will be dumping bitcoin from their balance sheet and all these leveraged longs will fully unwind. Whales will start to accumulate and the 2029 cycle will be epic. I'll believe cycles are dead when i see evidence of it. I haven't yet. Play this one right boys! Life changing money is coming.

Pump and Trumps abound in this timeline and there will be pain and a ton of volatility. If you count profit from careful swing trades, I'm 80% out of bitcoin at $121k average price. I expect more pain in the coming months as people begin to truly understand how inept Trump is. I agree with Arthur Hayes' recent article that states Trump is likely pushing Powell for lower interest rates and more QE, but the path he chooses is fraught with risk and short term punishment. _________ I'm 75% chart based though, and the chart bears this out. The void in price action from 73K to 92K needs exploration. We will spend a few months here minimum before finding out if we go up or down next. I'm not DEAD SET against new highs this year, it could happen, but I strongly believe we will be range bound for months first. Study Wyckoff in the coming weeks and months for an idea about how this will happen. I'm fine with this. I absolutely love range trading. Easy fucking money. If I'm wrong I am open minded and will rebuy back in and hold. Probably on a strong breakout of ATH. Good luck happy trading.I have half a million in longs layered in the green box. Will they hit? Will it shoot straight to 60? We shall see.My target almost hit today and I thought it might when the market opened. Futures were down over 3% and it started dumping immediately. Unfortunately, the Trump administration has turned the markets into a joke. Their own personal pump and dump vehicle. Summary from WALLSTREETBETS on today's insane price action. At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause." At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China. By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low. At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause. At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect. At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news." By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior. I day/swing trade A LOT and do very well, but now it is simply gambling. Until Bitcoin decouples from stocks, which to be honest - is unlikely to happen anytime soon, I'm sitting out. I think the next few years will bring massive pain to the stock and crypto markets, the real estate market, and the American people as a whole. It will take decades to repair our relationship with the rest of the world and it won't even start until Trump is gone. Now is the time to be cash heavy and watching for long term opportunities. With that, this idea is closed.

$58k low is holding for now. Huge RSI divergence. If the $58k low holds, this could be the launching point to new highs and a bull run later this year.Forgot I posted this. Is the bull run now over? I'm not sure, but I did take heavy profit at 104k average. Waiting to see what happens next. Also very closely watching the drone situation. You may laugh, but if aliens show up - 0 is not too low for this market.If it breaks down again, next target is high 80's.

I like simple charts and this one is pretty simple. Lower highs on the RSI and bearish pivot candles seem to point to further consolidation prior to a true ATH breakout and a run later this year. Targets are $60k and if shit gets really ugly, $50k. Hopefully we trade in a nice $15k range for a while and get a great alt season before BTC goes on to the inevitable 6 figures.I mean, looks even uglier now, but this is bitcoin and ya just never know how unrealistic the buying (or the selling) is gonna be.I do think its getting close though, and when the tide turns it will be panicky.The absolute bare minimum I'm expecting is a wick down into the $56k area. Don't think low 40s is out of the picture though, on the weekly, that looks not only possible, but even likely.D, 3D, and W candles currently look extremely ugly. I will be watching how they close. Didn't wick down into the 56k area last time, it definitely will this time. I still think 40k range looks likely on the weekly.Getting close finally I think. Expect a tag of 56-58 in the next two weeks and bounce. What happens in the upcoming month or two is the real question. If 56-58 holds, bull market continues later this year. If we retest 50 or lower, I think we wait until 2025 for the real fun.This idea is closed. I rebought from 56-58k. We will see what the future brings.

I would not short this until confirmation, but I would ABSOLUTELY take some profit in this red range and I am doing so. I will take more on a FOMO spike to new ATH's on ETF approval news. Why? Cuz Wall Street is all up in this bitch now and they like to create liquidity events based on news. They will use the breakout of new ATH on bullish news to take profit and push prices down to the ~$50k area. I still think we will see $100k this year or next year 1st quarter, but it is not going to be an easy ride - or at least - not yet.Expect alts to run, possibly for the last time this cycle if this plays out.Already an accurate call if you trade on kraken. Lets consider this some foreshadowing for now.I closed this today for minimal profit. I said on twitter that the dump was pretty weak, but I wasn't sure what was going to bring buyers back either. Well, cue Janet Yellen. It might be a mistake to close this but I love the daily close above $63k. Maybe I should be more patient, but I've always been sure BTC was going to break $100k this year and I'm not risking losing 20% of my holdings to scalp $10-$15k out of each Bitcoin.

China or no china, buy. Close above 44k tomorrow. This is not financial advice.If you're a paper handed little bitch you could take the easy money and close here at 42500 while your wife fucks her boyfriend. Or you could be a chad and take comfort in knowing you bought the LAST DIP EVER and ride this ho to infinity and beyond.Prob $51k from here, but just hold cuz this shit is 100k this year 100%BTW. This was the last dip ever.