Legendary Analyst • Master of Charts • Economist • Crypto, Stock, and Options Trader
Joined February 2018
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Jun 10
My base case now is that the equity markets are going to fall substantially lower, and crypto is going to fall in sync. If the stock market does enter a moderate bear market, I think we will eventually see BTC at 30K, likely sometime between now and October.
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Jun 7
#BTC is attempting to hold the 200 week moving average (in purple) while printing a bullish divergence on the RSI. This could indicate a bottoming process.
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Jun 5
The #S&P500 has been struggling to break out above the bearish rising wedge, signaling that this may be a failed breakout attempt. I expect price to return to the bottom of the wedge, and then break down, possibly sending prices as low as the red trendline over the coming months.
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Jun 5
cnbc.com/2026/06/05/jobs-rep…
The labor market is stable while inflation pressures rise, increasing the odds of more rate hikes down the pipeline.
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Jun 3
PlayStation's highly-anticipated State of Play event was flooded by demands for Destiny 3. During the opening of the show, PlayStation's official Twitch chat was almost completely dominated by cries for a new Destiny game. bit.ly/3RJ02Qu
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Jun 1
#BTC has had multiple rejections below the head and shoulders neckline (in red) increasing the odds of a decline to the blue trendline, then the 200 week MA around 69K. I still think 58K and even 38K are in the cards, but BTC needs to break the 200 week first.
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May 29
#XLM has had a phenomenal weekly rally, but it's now running hard into a big long-term support/resistance level (lateral red trendlines). A breakout (like 2024) would be huge, but this resistance may prove to be too strong for the first test.
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May 29
On the weekly #BTC cloud chart, price was rejected by the red span, and it's now attempting to break below the blue span, which is the final cloud support level. This is almost a full-bore bearish weekly cloud setup for BTC. It must hold the blue span or 🔥 💀 🔥.
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May 27
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May 20
#BTC is trying to hold support on the 50 day MA (in orange,) after failing to hold support on the teal trendline. If the 50 is lost, that will probably be all she wrote for BTC/crypto in this little countertrend rally.
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May 15
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May 15
A long squeeze may be incoming. Leverage/margin debt as a percentage of GDP (currently around 4%) is far greater than the .com peak (~2.6%) and the GFC (~2.5%).
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May 14
The #SPX may be forming a bearish rising wedge, as it runs into trendline resistance above the current price.
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May 14
It's probably true that the best thing to do right now is to short crypto and... dare I say... stonks. 💀💀💀
Not financial advice or trading/investing recommendation.☝️
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May 14
If we look at AVWAPs on #BTC, a somewhat ominous picture emerges. The AVWAP from the ATH (blue) is falling and just above price, and the AVWAP from peak 2024 (purple) is converging above price, increasing the resistance. You can see how well respected both have been.
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May 14
#BTC has sustained a mild rejection thus far from the 200 day (in purple) but appears to be finding support on the retest of the teal trendline as well as the 20 day MA (in light blue.) This looks like a setup for another test of the 200 day, and perhaps a bullish breakout.🤞
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