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Joel Peterson
6b96c3eb36c6cd457d906bbaafe7b36cacfb8bcc4ab235be6eab3b71c6669251
Husband. Father. Entrepreneur. Founder of TheCryptoCode.com and NeverDiet.com. I quit my cubical job 22 years ago. Follow me if you are ready for change!

Every morning is different. Have a good one everybody.

The “Fake QE” Trap: Why the Fed Isn’t Printing (Yet)

My latest blog post.

https://bettercalljoel.com/the-fake-qe-trap-why-the-fed-isnt-printing-yet/

I know super lame.... In the early 90s I was at my wife's grandfathers house and the fridge he was using was from 1948.... it was a tank.

It's like magic...

There’s a magical thing here in Florida when you don’t want something. You put it at the end of your driveway and the magic fairies take it away at night.

True story.

Always be ready to take your profits!

One of the biggest mistakes I see with crypto traders is they don’t prepare in advance to take their profits. They don’t look at the charts. They don’t look at liquidity levels.

They may see profits but not realize them. Take those dang profits and move your stop loss into the profit zone to lock gains in.

Just as fast as crypto can pump… it can dump.

Again this is scalp / short timeframe trading. Not long term DCA.

And as this trade is getting ready to take profits you have your next trade (a short) ready to play out!

https://bettercalljoel.com/members/joel/activity/187/

It's been a long long road glad I took photos...

This is 55. Another year around the sun is in the books.

55 years to go!

New Epic park is very epic! Highly recommend.

Nano Banana Pro is amazing. Photographers are going to be a dying breed... #nanobanana

Happy Thanksgiving 🦃!

My read on Bitcoin right now: leaning bearish overall.

Here’s the bigger picture I’m watching:

Daily/weekly/monthly opens are all trading inside their value areas... no strong shift in control yet.

Multi-timeframe structure is still printing lower highs / lower lows. Downtrend intact.

Price has tapped into that $82K support cluster, which lines up with what looks like a Wave 4 zone to me. Wouldn’t surprise me to see one more leg lower... sub-$80K is still on the table.

Long ideas I’m watching:

Around $84K sits a clean CC zone lining up with a Gartley C-point long setup.

A sweep of last week’s low into the $79.5K daily demand would be a stronger long trigger.

Best scenario: take out the April 7th lows with a proper SFP/fakeout and reclaim... that’s where I’d lean heavier.

Short ideas:

Local trend is still down, and the anchored VWAP near the VAL around $91.5K is the level I’m eyeing for short setups.

#btc #blog

Who else does Zoom meetings with dog butts in the background?

I eat mostly plant-based these days. Meat is more of a side dish for me and then mostly fish, seafood and dark meat chicken. I eat a LOT of fruit. It's too bad that over the years different low-carb gurus taught people to minimize fruit because of high sugar.

Wrong. Eat fruit. Enjoy it.

Ever seen a fat guy eating apples, berries, cherries, veggies and beans?

I didn't think so...

I used to weigh 320 lbs.... Tried all the fad diets.

Cut out all processed foods. All of them. Eat whole foods... mostly plant-based with hight quality meat as an afterthought and thank me later.

Oh yes have a seving of soy daily. Yes even tofu. #healtyeating

Hey #nostr fam...

Somebody should contact Facebook and get them to add nostr as an option for social media in a person's bio.

Getting some serious work done with my little buddies.

Eat your broccoli sprouts kids! They're good for you.

Extra points if you grow your own. #spouts

Bitcoin Daily Outlook

Overall, BTC is still carrying a bearish weight on the higher timeframes, even after the weekend bounce.

A few key things I’m watching today:

• All three opens — daily, weekly, and monthly — are sitting inside their respective value areas.

• MTF market structure remains a clean downtrend (LH → LL → LH).

• Price has tapped into the $82K support cluster, which is the first meaningful demand area.

• The weekend push created a CME Gap, so I’m keeping that on the radar.

• Structurally, this looks like Wave 4 corrective action, which opens the door for one more drop — potentially into sub-$80K liquidity.

Long ideas:

• Sweep the previous week’s low → targeting the $79,520 daily zone.

• Sweep the April 7th lows with a strong SFP or fair-value fakeout.

Short ideas:

• Local downtrend continuation off the VAL region around $92K.

No biases — just levels, structure, and reactions.

#btc #blog

Bitcoin just printed a new 2-Week Buy signal… but here’s the real story:

Yes... past Buy signals on this timeframe haven’t all been perfect. Some led to deeper downside.

But this one is different in a few key ways:

Price tagged the lower Market Pulse ribbon (where major macro reversals tend to form)

The Top-Risk oscillator is deep in the accumulation zone

Momentum is stabilizing after a high-liquidation flush

Structure still looks like a macro pullback, not a breakdown

This setup doesn’t guarantee a bottom... but it’s historically one of the strongest combinations for long-term entries.

High-probability accumulation signal, low-probability breakdown.

Let’s see if BTC respects the ribbon and starts its next leg.