Published 21 Jun 2026, 15:51 UTC · fetched 14 Oct 2026, 10:57 UTC
Michaël van de Poppe
@CryptoMichNL
Everybody wants to buy #Bitcoin now at $40,000-50,000. Just like everybody wanted to buy #Bitcoin at $60,000 when it was at $85,000. Just like everyone expects a certain level to happen, the chances of it to happen have decreased to zero percent. Overcrowded trades never happen.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64765.38 / 64143.99 − 1 = +0.97%d × r = -0.97% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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