Published 24 Aug 2026, 17:46 UTC · fetched 12 Oct 2026, 06:29 UTC
The Wolf Of All Streets
@scottmelker
Quoting · 24 Aug 2026, 16:12 UTC · context given to the AI
https://t.co/aKa1sKR90CBitcoin 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"View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 79237 / 78754.8 − 1 = +0.61%d × r = +0.61% against a neutral band of ±1.00% → neutralOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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