Mark Colvin, it’s only happened six times in Bitcoin’s history, and it is perhaps just one day away from happening, a seventh time in Moscow. The Moscow mayor of Moscow. Welcome back to Crown’s Click Bait Cave, where we get started for the early morning over here from a very overcast and even rainy Helsinki, Finland. It is literally May 13th. Yeah, May 13th. It’s fucking May 13th. And it’s still snowing to rain here. It’s kind of crazy anyways. As always, want to wish you the best, the best, perhaps the happiest one to get that out of the way early because. Well, it’s free to do. And why the fuck not, man? I think it can only help at least anyways. Just as important, we want to go put the eyes on the crouching application, which can be found at Abdol Crown trading dot net. It is when Hump’s and free. And I want to put the interest on the open interest right here, still hanging around. That’s, you know, still hanging between the you know, the phase changes is what I’m kind of referring to them as. Emily, really a good word for that, to be honest with you. But realistically, we have really seen any major differences with that, just kind of osity between 700 million and 900 million. Well, we really want to see as a break of the long term range. We’ll talk about once we enter the charts a little bit later. Plus, a massive increase in the open interest, preferably at the very least above eight hundred fifty million and even better, above 900 million. However, however, this could also really confirm a much more scary situation, which perhaps will we’ll get in to later. If we do see this come back down below abouts about 700 million plus a few other pieces of price action being met as well. So we’ll get to that later. I do want to also say that the Krypto Fear and Greed Index is taking out a 41 right now. So up a couple of points from yesterday. Still more or less. You know, I’d really consider this neutral. I don’t really have any. I don’t believe any major qualms with that or anything like that. It’s more or less more or less neutral to me. Bitcoin dominates, however, is rising, as we did say. We’ve been bullish on this front for what this one for a while and continue to be bullish on it and fall on the short term. And I want to follow up on. Yes, a short term price, because we did hit the topside of the short term range, as we said, was likely as long as low term time moments Monsur to set up, which they did. So, so, so, so before we get to the actual price action charts, what else do I want to say? Oh yeah. Yeah. I will not be on for today. Still making. Still making use of all the rest of the setup here. As you can see, a little bit of a different angle these last couple days, but there can be so much more soon. I’m really excited about it and I’m also more excited get rid of this absolute dump of fucking computer. Now, this one, this one’s beautiful. This one’s great. But the other one that’s been taken care, the twitch streams not so much leaves a lot to be desired. That also reminds me that, yes, I do have another channel that people can ask about this. It’s really cool to see that people actually and some like this, but I totally understand that most people are not innocent like gaming or for that matter, total war, which is a completely, completely different, completely different beast. But but if you do wanna check that out, it’s on YouTube. It’s the title. The channel is Total Crown. And and yeah, Ben uploaded uploading videos. They’re my sort of goal for the next few years is to is to create a channel for all of my all the things that I’m passion about in life. And right now, you know, obviously finances for this one, then I have something like a like a gaming gaming hobby. Then I’ll have like a health one and then perhaps something something else like maybe mindset. I do feel like I’ve I’ve some things that I want to I want to document not just to like get out there, but also so that I can keep track for myself. Anyways, I’m getting way off topic here. Most people give a fuck about that. That’s completely fine, man. I’m not gonna hold that against you. It’s all good. I totally understand. I’m just I’m just that fucking nerd. But if you do want to head on over, check it out. It’s told a crowd and. And. Yeah. Anyways, looking at price action charts right here, too, to reference the opening statements. What I’m talking about is the daily double golden cross on expansion moving averages. So as you can see, the Green 54 and Oxys and the 55 in the 200 right here. I prefer these ones more than the 50 in the 200, although that’s technically your traditional ones. We are one day away at most from confirming a golden cross. Well, maybe two days at most. Actually, one day probably does get it, though, with any sort of a daily dollar closure, especially above the twenty one expense. We have it to the ceiling move now, which right here at about eighty six fifty. We will very, very, very, very likely cross these babies. Backup’s the upside. And this to me is coming off of a retest. Not only of the Golden Cross right here, which we saw that last kind of dumped dildo party to it, but also a you know, also a recommission along with 21, assuming that Bitcoin just doesn’t close a daily deal to below it. So this is really, really important because it actually really ties off the R side, relates a lower term timeframes to the medium and higher term timeframes. And I do believe that, you know, at the end of the day, if Bitcoin does end above the twenty one here, which is currently about 80, 650 overall, fine. And to kind of put this into us into historical perspective, you know, even on not so like great golden crosses we’ve had, you know, we’ve had pretty decent price action. Given given upon that, although there are a couple examples where it didn’t work out all that well. So we’ll go for that, too. I want to have full disclosure here so that so that, you know, don’t don’t let me interpret these things for you. I’ll show you it. And then you can make up your own mind. Glencross happens right over here. Green and purple. Boom. Nice move up from from next. Low, long kind of along. Twenty one to the next high, about 16 percent. A little bit under 16 percent death cross right there. Nasty, very nasty. This guy right here was 24 that in April of twenty nineteen against same sort of thing over here gets a golden cross test down to the 21 to reassure humans. Right. It actually feels very similar to this. By the way. And what happens after that. Well one hundred seventy one percent run to the upside, going a little bit further back to the annals of history and bitcoin land. We do see are whether any. Ah, yes, there was a one off in 2018, actually. There was a trappy situation right here, gets a golden cross. And that was quite literally the high end. He sort of a bye after that would have been catastrophic. Realistically, if holding for even like a medium term time frame trade going back a little bit further in to 2015, 2016, we do see this this Zamp right here leads you all the way up from 300 bucks to twenty thousand. So pretty. You had another cut. I would consider this one a failure, although you actually do get a nice move after it. And this one gets a golden cross right here, comes down Tesa, 55, even the 200. And then what happens after that? Does putting about an 18 percent rally as well. So this these are on, you know, what I would consider a failure. And then basically the one before that was leading up all the way from five bucks to 12. I guess I suppose eleven hundred and so. Fair enough. So that’s six iterations right there. Two of them, I would say, are failures, but one of them even still gave you a nice move. The upside, only one of them was really, really catastrophic, if blindly took. And I would say that that, you know, overall theme of the day good enough for me. And yes, I am still long. I have managed my position with options. So I am kind of, you know, hunkered down here. But what I do want to say is that is that as long as Bitcoin is above the old 20 month century average, I’m actually happy to play it to that side, because not only is that just a nice way of kind of getting this one again, historically speaking, but if we go down to our lower term timeframes from the same front, from the same share that we were looking at yesterday, in the days prior for the low turn conference, which is a bit Mexico, we do see essentially the same range. So yesterday we said that it was likely to test the top out of the short term range, about 80, 950. We got that right in the bluebox right there. Beautiful. But what’s happening now? So right now, Bitcoin is right on the precipice, precipice. This can’t speak of have actually closed on a higher high amongst amongst this last eighty nine 30 take right here, which is on Mexico again. Let’s go see what it is on geat X. Eighty nine. Thirty five. Stamp is eighty nine. Thirty feet. OK. So they’re all about the same it looks like to me. They’re all the same. They’re all the fucking same. Lazy. Disgusting. Not kidding. Terrible but. But hey if we do get a closure on a four hour delay, especially above about 80, 950, I would be looking for this for this range to be resolved to the upside. But there’s there’s multiple ways of doing this and ACNC. It’s not so cut and dry and easy here. I would say the more conservative traders would probably wait for a tick above this last high that we had within this consolidation at sorry, on on 11th of May at 91, 63. And all of major, major changes are kind of within that vicinity as well. And he’s sort of a tick above there. I would look for extension all the way up to at the very least, ninety four hundred. And personally speaking, I do think that we have a short term pullback there, probably setting up for another move to the upside, somewhere around ninety seven and ninety eight hundred ish region up here is where I think we’d ultimately be heading south. Something like this actually all actually charted out right now. Keep that in right there somewhere around this. You know, this little sort of step leading into that into that fake out dot, you know, does kind of make sense. So around. Yeah. Nine, we’ll call it. Ninety eight hundred basically around the gap on semi’s. By the way, which is which is technically around ninety nine fifty. But keep in mind that seems to have about a hundred dollars premium on on spot price X right now. So now it actually aligns very well with, with ninety eight hundred just same. Anyways going back into this chart right here. Again, like I said, there’s kind of two ways of doing this, and I actually think that waiting for a tick above this last line. This, this prior high right here is actually the more conservative way of doing it, mostly because if we do take out that high, I think you’d be very I think it’d be very obvious continuation play here again, at least for another two and a 50 bucks to ninety four hundred and prosy speaking. Like I said, I do think that it would try higher. But could I also make the same sort of assessment on a foreclosure that’s just higher above our last little local high right here? I do think so, but this is kind of a massive range here. I’d feel more comfortable if I’d feel more comfortable if it closed a four hour delay above like nine thousand or 90, 50. That would make me a little more comfortable. But technically speaking, you know, our last high was right around eighty nine, 30. So it does create a little bit of a bigger range right there. Not optimal, but you know, you know, but still kind of suggested same sort of thing. So by the same token to the downside, when we’ll look at probably I won’t forget to look at probabilities, say at least I’ll do my best not to do my best, not to forget about it, but. But to the downside. Still the same areas yesterday. Eighty five hundred on any sort of any sort of a four hour total closure, even 80, 550 probably does it. And what you know, that’s right alongside the daily to 20 minutes benjamina, which puts a little bit higher than that kind of outlining that tops out of this bluebox as it is right now at about 85, 86 2086 sturdiest region, also akin to the nought point five Fibonacci retracement from the ultimate high to the ultimate low of the. Markets cycle from thirty one hundred to 14000 right here. So I do like all those areas for their confluence. And judging by the way, that’s actually right now, I do think of that, that it will eventually end up breaking to the upside. However, if we were to break to the downside below 80, 550, we’ll call on a four hour delay closure. I would look for an extension all the way down here towards eighty one hundred eighty one fiftieth region tap the for our trade expense we have, which once again and also fulfill another test of this long term uptrend coming in from the March 13th. Massive dump at 30. Sorry. Forty four hundred. And which has been, you know, pretty damn good to price action ever since. You know, any sort of a test down there has been more or less a goodbye. You know, as you can see right here in that would be meeting up right, right along this critical area right here, meet up with this order or site not ordered up, but liquid zoon coming in from the last breakout and breakdown from both at the March dump and also the April pump rally here. So really good historical area. And I do think that big one would come back down and test at the very least that area. If it does break eighty five hundred or eighty five fifty on a four hour Delta closure. Personally speaking, I do think that if we tap this area again, it probably would break after a small bounce. However, you know, again, my opinion is not necessarily my opinion is divorced from actual trading technical analysis. And I really want to make that that distinction clear because my opinion is wrong all the time. I do not trade my opinion on trade technical analysis. And if we do break below this region, any sort of a four dollar closure probably gets it anyways below 80, 150, or even just a tick below the 9th May dump, which is 80, 100 on Mexico as well. I would look for another six hundred dollar extension at the very least to like seventy five hundred, probably another small bounce there. And then personally speaking, I do think that we would see like 70, 100 ish region after that. And then I’d want to come back and reassess. I think you’d be getting way too far ahead of ourselves right now to kind of call that as it is. But but, you know, but for what it’s worth, that’s kind of what I’m looking at right now. And it’s realistically the same sort of range there’s yesterday, which is another test of the tops of the range. So let’s go see what our momentum also does for these long term timeframes. Our printing right now, because they have been pretty damn good. Oh, by the way, before we get to this, this this RSI is now available to anyone is completely public. It is if you just search up in the in the public library, RSI and then use the and symbol EMEA, look for the one that’s made by that’s published by Bolly Poor and Elson’s pig in the title. These guys have actually made it publicly available for everyone. Please thank them. And also, please do support them on trading view. They. Their goal is to make sure that they win the script of the month and end by liking it or favorite in it. That will help quite a bit. And, you know, they you know, they’ve been doing a lot of work for this community. And it’s really helped out my own analysis and also my own trade. And I mean, Jesus Christ, man, that fucking expect movie thing, it’s just been insane. You know, for anyone who’s trading options doesn’t take a goddamn genius to use it. And and, you know, I. I would beat. I would also be massively appreciate it if the community would support them as well. But, you know. Fair enough. You know, if you if you don’t find value on it, then fair enough as well. But if you do, please, please do consider that anyways. OK, cool, cool, cool. So a couple of things of note here. We do see lower term time for momentum. All city still headed up. We see for our stokes nice and healthy to the upside three hours in the same area to our kind of flip flopping around. So a little bit of down right there. And Ali applying to be down as well. What does that tell us? Tells us that we’re gonna be we’re praag and have a little bit of bifurcation here between the short term time frame. So a little bit of an ebb and flow. Let’s see what the wood. See what the momentum Lasseter’s our side the reverse Stoke indicated Cross is showing right now, showing that the that the hourly is going to have downwards momentum as long as we are below eighty nine fifty. I like that because it’s basically right where our last little swing high was on a four hour delta closing basis. Also I think on a two hour as well. Yeah, it is. In fact we did close on a higher high on the two hour. Is that good enough though? I don’t feel I don’t feel confident saying that. And but however, if Bitcoin does close next to our dollar above 80 hundred momentum to the short term time frames does go to the upside. Right at resistance, too. I think that that is, you know, more or less a good thing. Looking at the three hour, it stays to the upside. As long as we are above 80, 750, pretty damn good. And also does kind of outline, you know, a nice little higher low to the downside as well. And the four hour remains, the upside, as long as they count, remains above eighty seven hundred as well. Again, protecting that last little higher low right there. So what can we say? As long as Bitcoin remains above eighty seven hundred. The momentum from the short term time frame is likely does add up to the upside. However, if Bitcoin does end below the 80 700 ish region, we very likely will come back down and test around the 85 fiftyish base. That’s where the short term timeframes can be resolved. Lead into actually a long term trade around the 80 100 ash region. By the same token, the upside a little bit a little bit easier actually here at 80s, you know, at 80, 950 on it, you know, on a foreclosure, I’d feel a lot better with a closure above like 90, 50. But I know it’s right fucking there amount is right fucking them anyways, while we are here on the lower term timeframes. I do want to look at the stock of alternative Sentelle, which is actually going it back into a contraction phase, but it’s contracting extremely rapidly here. So I do think that this aligns with Bitcoin more or less just just plain within this range as it is right now, meaning the range that we’ve kind of been living in between about. It’s gonna it’s gonna get brought up to the upside. Naturally, after that last little halo that we put in right here. But eighty seven hundred, about eighty nine fifty where we are right now. So we just kind of just the tops out of it. Do we come back down and test the bottom half? Maybe, yeah. But but more importantly, I’m looking for this to come back down below the 20 marker and then we probably do set up for another short term move. And that’s going to be for the verified by a lower term timeframe. It’s like a two hour. Yes. Already kind of get in there at the 20 marker and then I want to see the hourly absolutely crush. Yes, indeed. And more importantly, the is even more accurate here and gives something better to go off. Because it does have that nice descending trend line, which does say that we’ve been contracting and coming to a nice apex somewhere around the 17th of May. So that’s an actually four days. But realistically, it’s very, very, very, very likely to break somewhere around here, which is the 14th of May tomorrow, assuming that you’re doing this. And in Europe time maybe and probably by the time that the Americans wake up, they’ll be in. They’ll be. You’ll be on Wednesday as well. Welcome to the future, baby. It’s the same as yesterday. Pretty much still got that coronavirus bullshit, man. But overall, overall, I still you know, I look at this as contracting, but a resolution very, very soon. Even the Audie’s stroke vaulted percentile kind of contract in this fashion gives us enough impetus to very likely break the short term range. So I would see I would feel very confident with saying before before tomorrow’s over, we probably do the break up to like ninety four hundred or break down to eighty one hundred. Cerrejón, at the very least to the upside I think is sort of more, a little bit more interesting just cause the upside is more open ended. I do think from here, however, lower term timeframe, RSI looking a little bit top heavy. Looks like it wants come down to be fair. So short term, you know, do I think that we have a little bit of downside here, perhaps? Yes. By hourly, we don’t. I mean, this truck’s getting way too convoluted right now. I could kind of say the same thing, although, technically speaking, there’s no differences there. There’s no nothing. So. Fair enough. Triple hourly. What do we have here? Same thing. No deference or anything like that. So, you know, it does it does look more or less healthy. I do think that Bitcoin is gonna break to the upside here and probably tests around like 90. You know, not ninety one hundred ninety four hunted this region. That’s a humungous region, probably ninety four. And that’s gonna set it up for looking better later. It’s going to also lead on to the Golden Cross. And then I would really be targeting on any sort of a move above 90, 400, which region I’d be talking and move to the top side of the long term range, which is around ninety eight hundred ish region, which is also the big breakdown that we saw from from late February of this year when Bitcoin went all the way from about ten thousand dollars down to forty four hundred bucks. And also the six one eight have been on your treatment from the ultimate high to the ultimate low of the last Marcus cycle from thirty one hundred of fourteen thousand. Also, the what else do we have? Also be thrown the volume profile. We’re gonna have some major levels in there too, as you can see, and also pretty much right around our last major macro high at about 10000. And of course, as we alluded to before, the semi’s that, you know, the last seemy gap come in that region, too. So if I did have to call right now, I actually do think that Bitcoin does pop back up there first before anything else. But that’s breaking my own rule of like kind of telling a death cross or your side telling price where it’s our site looking at a gap and then thinking that price action is going to naturally go there before anything else. No, really, the trade to be made is on the other side of it. It’s like when this gets filled, then I have a trade. Not necessarily saying, oh, I’m in a trade up to there. That’s a really bad strategy long term. I see a lot of people getting getting getting a getting rocked into bad mindsets like that. And you can see that I’m even struggling with it right now, too. So, again, you know, I know for me the the mindset of being a trader is like a constant battle, actually. People think that you reach a stage where you just where like it just it you get rid of all your emotions. That never happens. Earlies. I can tell you for myself, it’s never happened. I just have gotten better at recognizing my emotions. And then I can say, oh, I’m feeling that emotion or I’m fit or I’m going back into this sort of mindset again. It’s time for me to consciously make the decision, hey, that’s not the right. That’s not right. That’s not the right decision in that situation anyway. So I’m just talking to the nerds right now, by the way, all the all the people who are 98 nerds, they’ve already left this video. It’s all good, man. It’s just you and me now, baby. Just you and me. And I can be more happy about it. Anyways, as you can see right here at Borling profile on C.M.A, it gets a little bit more accurately where we’re hovering around the above the point control right now. And I do like how that kind of is offering up a little bit of support as well. The longer that we stay above, the better. Essentially, you do see that essentially a vacuum all the way up to the 10000 or high and realistically. Yeah. Reia realistically above there. I mean above 10 five things start to look very, very good, at least for another thousand dollar rally to about eleven thousand five hundred. But again, I’d be very careful with the way that I say these sort of things because people like sometimes I think hear that and they like Project said eleven thousand but pick won’t go to love it. No, no, no, no, no, no, no, no. Understand the understand the order of operations here. And still, you know, for the macro I become extreme, I become extremely bullish on bitcoin above eleven thousand five hundred weekly closure or even just a or even just to take above our last weeks high at ten thousand seventy four. Doesn’t even need to get above above this high right here anymore. Ten thousand five hundred. Just getting above last week’s highs. Good enough to me. Now short term, you know there can be an ebb and flow. Yes, absolutely. Things don’t go in a straight line or down a straight line except for this. But just forget about that one, it never happened. It’s like like never happened in overall, you know, it’s usually gonna be the ebb and flow. I also do like the weekly movie Navitas here as well. Again, for the people in the t.A program, I want to reference the 21 and 55. Look at these babies right here. Pretty damn good example of that. And what do you know long term? This one has had some good iterations of efficacy. You see this this this bullet cross right here? Well, there’s really only a couple ones, really, but fair enough. You know, you get where I’m going. And more importantly, we’re just looking at the 21. I really do like this for Bitcoin as it is right now. Later on at, you know, when Bitcoin gets another like five to ten years of history, it will move onto that. It’ll move on to the monthly, most likely just that. That’s why that is interesting, Martin. So I’d imagine that once Bitcoin gets sort of more maturity, it will move up there as well. But looking at this right here, we do see two two major two major consideration for the long term. Whenever Bitcoin is on an open and closed basis above the yellow 20 month spectrum, damage on the weekly generally bullish. However, that’s even further verified by the slope of the 21. So Bitcoin is both above the slope. It is both above the 21. And the slope of the 21 is positive then or upward sloping. Maybe better said then were bullish for for, you know, for like the long term. You see, going all the way back on over here. Going back to twenty, twenty twelve. Remember that movie 2012 terrible movie. But as long as bitcoin remain that positive slope and even even deployed a few times. But, but, but the slope remained either neutral to positive telling you that this baby’s not done just yet. Same thing to the downside over here below and and negative slope. Bad, very bad. Only happened a couple times in Bitcoin’s history, though, to be fair. And then over here. Beautiful. And then over here. Bad. And then over here. Beautiful. And then over here. Bad. And then more recently, we do seem to be hovering well above as it is right now. Still a lot of weeks to go, to be fair. We only halfway there on hump day, but. But so far, so good, it looks like. And of course, we have a passive slope on that as well. And momentum. All cities are looking more or less fine here, too. We do see weekly Stokes reaching up towards the bullish controls on soon. They will remain to the upside as long as Bitcoin price action is above 68 20 on a weekly posehn basis. So I’m not saying that that can’t happen. But Bitcoin does a lot of work to do to really turn the weekly momentum to the downside. As far as weekly RSI goes, it looks to me like we’re kind of still within this channel or or sorry. No, we we actually probably broke this channel last week and we just retested it this week. That’s kind of what I said on semi’s. But I think it’s actually more obvious on spot price action right here. Then again, when I start to draw the lines, am I just drawing lines, making weird fingerprints? And I seen some Jesus toast right now. Maybe. Let’s go check out semi’s. Yet Sammie’s is a little bit different here. As you can see, this is is more aggressively downward sloped and it does work a lot better here. And I do trust wedge formations in RSI a lot more than I do on price action and a lot more on CMBS than I do on on fucking spot to begin with for Bitcoin. Just specifically saying. But but, you know, if we do see the weekly close above the fifty six read right here, that will be a damn good indication that probably this is just a retest of a broken wedge and we are going to be ready getting ready for a move up into the bullish control zone. And that’s kind of what I want to talk about right here. So, you know, I do actually still I feel kind of silly for for saying this, but I actually do still feel like the upside is more likely and I do feel justified in holding and holding long a little bit here with some very obvious areas of management. I mean, it’s it’s pretty damn easy to trade to be made because I know it’s getting long, around 20 to 20 la 80, 250 fucking goddamn. I can’t get my words out properly today. And and so any, you know, any sort of move below the critical area that we spoke about earlier, even for the short term time frames, I got to take the profit on that trade. If I really want to manage it in maybe a more sophisticated way, I can use options, but very, very easy try to be managing going forward here. And while we are on this topic, is there anything else on the lower term timeframes I want to reference? I don’t think so, no. Let’s go to the 12 hour what’s the twelve hour looking like the 12 hour of peace and prosperity. Actually, interesting to hear. So we do see this long term trend line coming in from where? Coming in from late, late February lows. Right. Late February lows was right here connected with this. They’re here. Right here. So getting actually that dump of March 13th and then and then also calling this low right here at sixty five hundred and then more. And then it looks like it’s actually about to test it and perhaps even more aggressively turn it back up to the upside on this next tick. If that does happen, I would feel very confident with saying that, that Bitcoin is likely to test the upside and break on break. Sorry. Break the short term upside regions that we spoke about earlier. Let’s see let’s see where this would officially cross, though, because technically right now it is actually still to the downside. So we have a nice indicator for that. Thank you, Bolly. It sounds weird. What is that like? But thanks, Bobby. It’s great, Mom. Eighty seven thirty is is kind of the area to beat. So that actually does align pretty damn well. If you if we pull back to the four hours still showing about the same area at eighty seven hundred. Also kind of our last little spike right here too. So as long as Bitcoin’s closing above there on this next twelve hour deal, though, I do think upside is imminent. To the moon? No, just kidding, kid. She’s crazy, I should never say that thought. Edit that one out. I’ve never edited and so that can’t happen. But the. Fair enough anyways. OK, so looking at the daily we see daily, it’s can be down and going, gonna be down for a while. But we do have a nice trend line forming here, although it’s very far away. So fair enough. It’s actually not very relevant. We’re gonna be staying down on this one as long as Bitcoin’s below about ninety nine 30th Street. And so basically as long as Bitcoin’s below 10000 pressures on to the downside from a daily perspective, I’d imagine two days is gonna be equally as nasty. Yeah. Night four hundred. So I actually do like that area. We are closing one tonight which is interesting. And three day ninety nine thirty as well. So, so, so quite up there. Now I do want to reference a two day one more time. Now I alluded to this yesterday, but but I want to do a little bit more on it today. So not only do we have a two day delay Golden Cross, but we also see that, historically speaking, when Bitcoin’s above the tune, it’s simple. This white move damage right here. It’s more or less good again. Terrible. Very unsophisticated way of doing this. But just looking at the slope and Bitcoin’s relationship to that and, you know, you get where I’m going with it. And then, of course, having the golden cross on top of that, which was confirmed on to Texaco, actually, and we’ve come down and tested already. I mean, that is very, very similar. What happens in the past. We do see a golden cross right here. Bitcoin comes down actually beforehand and tests it. I consider this a test. And then Maximov, the upside. We have this example right over here. Bitcoin gets a golden cross. Massive move to the downside. I mean, this one. This one. Like this one. This is a fucking crusher. They’re 25 and a quarter percent to the downside. But that sets up for a move from three hundred and twenty thousand. And then, of course, the one from the genesis, which is kind of doesn’t really count. But this one over here. Let’s also measure this one out, too. I’m just curious what what it showed. Yeah, 20 percent to the downside. And what do we have on this one from top to bottom thus far? About 20 percent. So it is a little bit of an outlier in that sense that it hasn’t gone as much as the other ones. But it’s also, you know, I do think that it’s relevant to think more importantly, it gives a nice piece of edge managed managing off of, which is what makes any sort of a good trade anyways at the turn and simple, which is where eighty five fucking hundred whereas eighty five hundred where all the lower term time areas meet up as well. Beautiful. Absolutely fucking beautiful. So let’s go into the low trim timeframes and look at the expected move. Start with those areas in mind. Again, 85 50 to the downside. And I’m gonna I’m going to be more conservative here and say 90 50 to the upside, although technically speaking, I’d say 80, 90, 50. Pride does do it, to be fair. And I’m curious what Samis would show to Samis actually to close on a higher high there. So maybe maybe I’m maybe I’m the one who’s being a little bit too conservative here. Okay, so I have. Let’s change this to 1950. And we’ll give this 150 bucks to the upside, too. OK? So we’re using a four hour right now. So on the next four to a closure, what’s the probability that we close above the upwards target at eighty nine. Sorry. Nine. Ninety fifty. Seventeen. Sport one four percent. That’s actually decently high. That that’s that’s within the realm of, you know, of likely probability actually at anything above 60 percent is actually very good. Now, by contrast, the downside probability is three spot three eight percent. You know, so is you know, is it likely here? It’s within the realm possibility. But I wouldn’t say that it’s the most like technically speaking, from a mathematical standpoint, it’s not more likely on the upside right now. But let’s. We’re only looking at a four. Let’s look at a twelve hour. Twelve hour shows upside. Twenty six and eight percent downside. Seventeen and a quarter percent. This one shows more or less that, you know, it’s still kind of anyone’s game here. It’s how to interpret that one as anything above 16 percent. It is, is, you know, it’s it’s it’s likely at that point. Six. Sorry. On that daily. What is a Daily Show. Thirty. A little bit below 33 percent vs. 26 percent to the downside. So again, both showing that, you know, both sides, both sides are quite likely here, but taking that one step further and using future bars at, you know, at as as our marker. So I should I should prolly take it off as well. We do see a positive slope on this, which I do think bodes better for the bulls too. Let’s put on current as well. I’m just I’m just curious to see. Interesting. OK. So it’s third 30 percent versus 20 percent on current on 12 hour. It’s 23 and a half percent versus almost 20 percent. So it’s a lot closer when we do use current, which should be used to be fair. So technically speaking, it is a lot more closer than that than what I’ve shown before. I do apologize about that. Let’s look at this one right here. Still on the for our very, very, very, very, very much in favor of the upside compared to the downside. But realistically, it’s it’s anyone’s game. And actually on an actually on the lower trimmed time France had done to me on the lower term time frames, it does look like it wants to spike again lower. I mean, this looks like it wants to come come back down to like eighty and test there at the very least. Maybe we put another height low there. That’s they’ll be they’ll be phenomenal for them, for the Bulas bite. But it does look like short term. It does want to kind of ebb and flow. We just head to the tops out of the range. Let’s go test, you know, maybe the meeting of the range. And if that fails below eighty seven hundred, then then then then 80, 550 for the short term that gets broken, then another six on a door move to the down side, having a door move to the downside. Pretty damn good. OK. All right. Let’s go look at world markets really quick. Now futures looking like we hit our target to the upside and down. Luff doesn’t always work out that perfectly, but sometimes it sometimes that T.J. Hocus-Pocus actually does work. Now, I would actually be looking for reincarnation here on Nasdaq futures as long as this Bluebox holds, which I do consider that test side. That that move to the downside adds a test number to move this up now because we can be more aggressive with it, or at least I think so. That’s not finished. But some nondefense reviser buts. But about as long as it holds about 80, 950, I think overall fine. Although I’m sure all the wedge brose are going crazy over this or the channel brose I guess, or I guess fear during a wedge going back all the way over here. I think what does I like the least reliable patterns have been saying for four years now. Lower term timeframes like an hourly. Looks like it. Yeah. Looks like it’s going to come back down to that, to the bombsite. Others range at 9000. But I do think that it will bounce again actually most likely and just played around between nine thousand and ninety two fiftyish region. And then the resolution of 90 to 50 likely does actually break the topside target and lead up to 94, 50 or so. No, no, no. That would be the tops. The top side, which Celsi eight eight eight four fab right there. But but much higher after that. If it were to be broken at 90. About ninety six hundred. That region looks pretty damn good. But that’s not that that’s not the way that the rest the market looks in many futures right here. Look look a lot more obvious or. Look a lot less strong. But kind of the same areas do apply. And we can move this down. We can move this down. So it’s very obvious that the techs are leading this, as you’d imagine. But, you know, but I can kind of say that about the same thing for this one as well. As long as it doesn’t break below about two, 28, 20. I do think that this re accumulates and gives another try back up here. You can see that it’s kind of trying to put in some sort of a triangular consolidation. However, if it does break below 20. I would love for a retest of this low right here at about 20, 770, probably small bounce in that situation down here towards the twenty seven thirty ish region. Twenty seven hundred base. That’s where I do think that another another medium term time frame bounce could very likely occur. By the same token, I’m not really bullish on this. One tale takes out two days or so. Yeah. The 10th and the 10th remains high right here at. Let’s just say the number. Twenty nine. Forty seven. OK, cool. What about gold. We haven’t checked on that one in a few days, but it looks like it’s still hanging above us. Seventeen hundred. You know, I’m a bears are gonna be calling this a descending triangle. Bulls gonna be calling it a symmetrical triangle. I think that you can make the case for both, but don’t. But, you know, but due to the former trend, I would lean to the upside here. I still think that eighteen hundred is most likely. As long as we don’t get any sort of a daily total closure below about sixteen, eighty, sixteen, eighty five. If sixteen, eighty five was broken to the. We’ll look for a move down to about 16, 20 to 16 thirtyish region. But even then, I don’t really get more bearish for any sort of a move than that. The monthly still looks fine to me on top of that. Now, do you still think that. Eighteen hundred long term is. It looks OK. And this coming from somebody who’s not a fan of gold. I don’t own any gold. I don’t care. Only owning gold, I think is kind of silly silver even more. But but hey, for the gold bugs out there, they’ve been having a good time and and and for good reason. You know, it’s been it’s been one of the better charts in the world, actually. OK, cool. What else do we want to look at. Maybe maybe do a quick look at GBC GBC using the 200 asport thus far, but I don’t really think it’s leading here. Don’t really think it’s following or. I think it’s more so following. Definitely gold and crosses much further away. And you know, at the end of the day we should give the bears or not. We should give. Like, I’m just giving my opinion here. Your free to your own opinion, of course. But the bears do have a major, massive, unbelievably strong thing in their favor. And that is weekly trends down, man. We also the monthly trends down to, you know, so at the end of the day, the trend is your friend until the trend and we just put another local IRA out there. But. But I do think that at this point it is going have a chance to actually blast through and kind of surprised a lot of people, as lot of people are really turning to bearish for move down to like 7000 or 6000, which I think is very possible to happen by two. But I need to see things confirm first before before I jump on that train, too. I do think that is. Do you think that is very possible? It does Green Delio its way back up and test them upside first. And, you know, and then we’ll pre decide if this thing really wants to really wants to revert the whole mark cycle or not. That would be likely coupled with a massive boost up in open interest above at the very least 850 million, preferably nine hundred million and very obviously and unequivocally argued against above one billion. I think that that would be just that, you know, that would be just phenomenal for four bootless, right? Them. I guess we’ll quickly take a look at Mr. Beatle and Mrs. Like Wayne. These ones obviously look bearish as well, but they’re they’re going to do whatever Bitcoin does. So why am I looking at this bullshit again? OK. So that’s enough for that. Let’s go look at link is linked to anything different versus Bitcoin? Yes, it is in an uptrend as it typically has versus the dollar. Here’s how this one is shaping up here. Them versus the dollar looks looks decent as well. I’m I’m I’m very I’m very much on long term. I like it. I do think that if it came back down to like two, two and a third, it would be an absolute gift. But is it going to you know, it kind of does or have you wants come down a little bit in the short term, but long term still kind of holds its it’s its composure here. I do like that. Let’s see what all the other major moving averages are saying here, too. I feel like I’m kind of flying blind in this one. Weekly looks fine. Long term, daily, yet daily double life could very easily come back down in tests around the 200, but I’d look at that as an opportunity. I don’t think it has momentum too well. Does have a much shorter break. The upside? I don’t know. I don’t feel confidence when I’m just gonna states of this one just go back to Bitcoin when I feel a lot more confident. Bitcoin. Bitcoin ranges are pretty much same as yesterday. Any sort of a foreclosure above, let’s call it eighty nine fifty if you want to be more conservative. A tick above this high right here at ninety one sixty three. Likely does propel another three. Headed our move to the upside about ninety four hundredths region. I would love for a short term pullback there and then continuation to the top side of this area. I mean again, realistically when I call continuation from some like that, you know, after a pullback, like to move before it happens. That’s bullshit. That’s analyst type bullshit. But personally speaking, I do think that that would happen, although I really wait for confirmation above that region. And then, yes, I target this region right around here. By the same token, any sort of a move below even 87, 40, actually does likely propel another test back down to a bluebox here at about 80, 550. That’s where the short term timeframes Cambra be resolved. And if we do break 80, 550 to the downside on a four dollar closure, even a two hour probably gets it. I would look for a move at the very least to 80, 150. That’s where things get very interesting for the long term. If Bitcoin does break down below there, I will look for extension at the very least to seventy five hundred, which is going to be like another 600, maybe even zone at all, or move another medium term time frame bounce and then product innovation. The downside. So that’s where I’ll leave it off today. I’m really sounding off now. Take care. And until next time.