Sykodelicc

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Sykodelicc

2h ago

This space is honestly filled with the biggest losers ive ever encountered.
Never have i ever seen such whiny little p#ssies.
Pointing the fingers, blaming, crying.
Grow the fk up and be a man.
90% of people will sit on the sidelines, do absolutely nothing with their lives... and then get some small victory out of watching a better man stumble.
Waiting to watch someone who strives for better, make a mistake...
So they, for one moment, feel better about their shit lives.
If that is you, you are a f#cking loser.
Sort your life out.
Winners focusing on winning, no matter if they happen to lose so

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Sykodelicc

2h ago

NO IS PREPARED FOR THIS.
I HOPE YOU BUCKLE UP AND PRAY AND SOMETHING COS YOU ARENT PREPARED FOR WHAT IS COMING
YOU ARENT BEARISH... I MEAN BULLISH... I MEAN I DONT EVEN KNOW.
JUST ENGAGE WITH MY TWEET.

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Sykodelicc

3h ago

Now is not the time to be selling and leaving.
I know it is hard to relax and have any level of faith right now.
The world seems on the edge of collapse, there is fear everywhere...
And Bitcoin is very close to closing its 6th monthly red candle in a row.
Something that has only ever happened once before.
But these kinds of extremes mark the point in which you want to be buying, not selling.
You gotta get that into your heads.
There have only been a few instances where Bitcoin has put in 6 or 7 monthly green candles.
And each time it has started a large correction after.
The same is true here,

BTC-3,59%

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Sykodelicc

03-26 20:37

The bottom signals for Bitcoin are stacking up.
Right now, the current Bitcoin supply in profit aligns with the overall bottom trend throughout its entire life.
Each major bottom that Bitcoin has, the amount of supply in profit is higher than the previous major bottom.
And this is because the circulating supply is always increasing.
Which is also why each major top the supply in profit is higher.
As the price of Bitcoin keeps reaching new highs and more supply being added to circulation, there is more supply from lower levels that will likely never go into loss again...
bringing this percentag

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Sykodelicc

03-26 08:32

There is a chance we will sweep the $60k lows and hit the $50k's.
You can't deny that the structure is bearish and distributive.
We also have a pretty large headwind with the unexpected nature of this war... and potential escalation to a level that the market is not pricing in at the moment.
The energy crisis is gaining momentum around the world and this could induce some kind of black swan move. I know you cant predict a black swan, cos they are unpredictable events...
But an unexpected aggressive escalation or development that catches market participants off guard is not out of the question.

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Sykodelicc

03-25 22:12

Things are developing differently here.
I'm still seeing lots of blanket comparisons from this current range to the previous one from $80k to $98k...
But they are actually forming quite differently.
Let's take a look.
Firstly, they do look similar at first glance.
Both gradual and rising, looking like a bear flag, cant deny that.
But structurally they have key differences, with this range showing more strength.
In January we had the sideways range into:
1. Liq grab to $98k and then drop
2. Pushed all the way below the trendline, showing weakness
3. A retest of that lost trend
4. Harsh nuke low

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Sykodelicc

03-25 21:23

We have never seen these levels before.
During the $80k and $60k nukes, the short term holders realised losses reached their highest levels ever.
The $60k nuke was true capitulation, clocking losses over $250m more than ever seen previously.
This does not mean that we won't get any other kind of leg lower within this bottoming phase.
But what it means to me is that even if we do have another capitulation event, is that it will not be as strong.
My worst case scenario is a drop to take out the lows and deviate the 200D SMA, likely to around $55k.
That would cause another spike in this chart.
Bu

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Sykodelicc

03-25 09:31

Alts are looking constructive here.
Get back above $185bn and this could be confirmed as a deviation below the two year range, after a large ABC correction.
Cautiously optimistic here, with Bitcoin being in the same position.
Still, we need to see it actually happen, and we are also in the area most likely for a rejection.
If we do get back above, i expect alts to run nicely for a bit.
Keep your eyes on it guys.

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CryptoSpecto

2026 GOGOGO 👊

Sykodelicc

03-25 01:34

Nice moves so far here on the trade.
Nicely in profit.
PA is now putting in an inverse head and shoulders.
Target is range highs.
Anyone joined me on this one?
Let's book it!

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Sykodelicc

03-24 21:21

The case for the bottom gets stronger ever day.
We now have a 1W RSI break of trend, which has led to a significant bottom 7 out of the last 8 times it has happened, over 7 years.
And the one time it did not happen, the bottom was only $3,000 away.
We have now reached record oversold levels with a RSI break of trend.
The signals are mounting up here, and apart from a $60k low sweep, maximum to mid $50k's...
The bottom is looking very likely in.
If you are not prepared for this scenario, you should be.
We will not be following the 4 year cycle bear market.

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Sykodelicc

03-24 08:30

This will start the most hated and confused rally.
Once Bitcoin closes the weekly back above $74,400, it is running up to $200k.
This is not the same as 2022, in any way.
If/when Bitcoin reclaims this key HTF structure level, it confirms it as a deviation and commences an expanded flat reversal.
And this will be the most hated rally we have ever seen because almost no one is expecting this to happen.
Everyone is convinced of the 4 year cycle bear market, when there is mountains of data that disprove that we'll be following that path. The macro cycle could not be in a more different position.
T

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Sykodelicc

03-23 21:00

This is the only thing that matters.
You have got to ignore the low time frame noise/fear and force yourself to understand this.
The high time frame is exceptionally bullish and is signalling that :
1. We have likely macro bottomed across assets
2. We have a very large run ahead
On this chart we can see the position of Bitcoin, ETH/BTC and OTHERS every time that Gold topped since the Crypto market existed.
This was June 2016 and August 2020.
Now look at the positions of these charts when Gold topped...
And look at them now.
In addition, the red dots mark previous cycle tops in all assets.
In

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ETH-3,44%

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Sykodelicc

03-22 23:08

No one is really talking about this.
Everyone is obsessed with the May 2022 fractal or the recent bear flag from $98k In January.
But the current price action looks very similar to the 2022 bottom.
At that time everyone was calling for another leg down to $12k, especially after the price pushed higher and rejected, just like it has now.
I remember it well.
At that stage, sentiment was very similar to now with almost everyone collectively agreeing on lower and another leg down.
Whilst all of the metrics behind the curtain like funding and premium, are looking much stronger.
The volume cluster a

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Sykodelicc

03-22 21:48

Back from 4 days hiking and camping in the NZ mountains.
No internet
No social media
No distractions
Just me, my Mrs, and pure nature.
Feeling refreshed and alive.
Grateful to live in this beautiful country.

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Sykodelicc

03-18 19:46

Going offline for 4 days.
Heading out into the NZ west coast for 4 days of hiking and camping… can’t wait!
Don’t lose your minds too much while I’m away.
Peace out 🙏🏻

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Sykodelicc

03-18 07:52

This is looking so much healthier.
There are a lot of people still sharing the 2022 fractals, and also comparing this price action to what happened back in January.
But under the surface things are looking much stronger here.
Let's compare the two situations.
In January we had:
- Price pushing above the resistance
- Funding highly skewed positive(longs)
- Open interest building gradually
- Coinbase in deep negative premium
That was a very weak price push built on leverage without any foundation and lots of selling pressure.
What is happening now is very different:
- Price has pushed above HTF

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Sykodelicc

03-17 20:56

$MSTR looks bottomed here.
Everyone always says that $MSTR leads Bitcoin...
Well, $MSTR has 90%+ bottomed.
We have a clean 1W RSI breakout...
And in this case, we had oversold conditions prior to it.
Most similar to the bottom in 2022.
But this time $MSTR has bottomed in. V-shape...
So, will Bitcoin?
Betting on lower here is getting increasingly risky.

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Sykodelicc

03-17 20:35

This cycle IS different.
And this is the only chart you need to understand that.
The 4 year cycle has NOTHING other than two sample sizes to provide itself validation.
It is rooted in nothing other than time.
Whereas the business cycle has every single major market chart providing it confluence.
Every single cycle has been the same, and it is not about time...
It is about the macro and business cycle.
This chart makes it clear as day.
1. Gold runs during economic contraction(uncertainty)
2. Gold tops when ISM breaks into expansion(certainty)
3. Risk assets enter their true bull cycle
4. BTC.D

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Sykodelicc

03-17 20:24

Things are looking positive
And apart from a sweep of the $60k lows, the macro bottom is starting to look like it is in.
I see a lot of confusion on the timeline at the moment about what happens next.
One thing we have to acknowledge is that this bottom formation has built up a lot of liquidity beneath its lows.
And the whole time we are below $85k, those lows are a target we have to be aware of, and prepared for.
But we also have to be prepared for the situation in which they don't, which is why I have been adding positions over the last weeks.
We are above the 1W 200 EMA on the weekly timefr

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Sykodelicc

03-17 19:51

All I am seeing is constant bearish posts.
I am a bull, so my algo feeds me bull stuff a lot...
But that is not what I am seeing.
During this dump we have reached the most oversold conditions, and heavy capitulation.
The longest period of time spent in extreme fear, ever.
This is has warped everyones minds and the only thing they now see and expect is red.
Shorts have been easy, and traders have got too comfortable.
Many have sold their bags, so they actually want lower also.
In markets, almost always, people want higher.
But there are rare times where there are just as many, if not more peopl

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