hiteshbhatia3559

Longing lows of the right HNS here at 40.5. Target is 70+. Largely codependent on BTC move to highs.

Here are my thoughts laid out briefly. I feel there are 3 possible moves to the market: 1. Bullish - 50 bp rate cut into September followed by a mild bull season into $140K, followed by mania in December. Alts see 2x-3x (HYPE at $100) 2. Neutral/Slightly bearish that will murder alts - BTC drops to $100K or lower to reset the RSI and kill momentum. Alts -50% across the board. HYPE at $20. This builds confidence for BTC to be at $300K at the end of 2027 and will provide massive long term entry opportunities. 3. Full bear case - Strategy/Saylor unable to keep mNAV>1, stock tanks forcing Saylor to either dilute stalk or change paths meaningfully into bidding less(which is kind of already happening)/selling BTC. Alts -99% (think HYPE at $5) I know this is a wide range but I think volatility will expand meaningfully very soon to fix the matter of RSI consolidation above $100K. This is a test for BTC in a sense - we are expecting BTC to show resilience to rate cuts, macroeconomic factors and the "eternal" institutional demand/supply game. It is a tough ask for any asset. My current positioning is stabled out fully awaiting one or more of the above to be true.

Painting local lows at the 0.618 through 0.786 fib retracement. Stop at the lows. If stopped out, will take a breakout short.Shorted the breakout to protect capital. Took profit