I’ve been thinking for a while that the current cycle may represent the “Great Distribution” where Wall Street, sovereigns etc are buying but many of the plebes with 100s or 1000s of Bitcoin are now super rich and will be part-selling to diversify. This could mute any blow-off top or prolong the cycle (coupled with likely liquidity trends), who knows?

What I'm watching (explained in detail)... 👀

1. Reverse head-and-shoulders

- Left shoulder

- Head

- Right shoulder

2. Breakout

3. Re-test

4. Next move (rip higher)?

#bitcoin

Just my guess. It won't be perfect. You do you.

nobody has a crystal ball but this is my current vibe:

12-18 more months of this bull cycle

fed will cut rates, we will likely rip this fall, will likely continue through 2026, intensity and price heavily dependent on macro

most new people will buy bitcoin penny stocks rather than real bitcoin because of x influencers

at some point most participants will believe this time is different, that we have entered a supercycle

people will then get greedy and overleverage themselves, take increasing risk

blow off top and and a great unwind

mstr will probably be fine, most bitcoin penny stocks rekt, a few may get caught in fraud, there will be a narrative that mstr is going to sell, which will drive panic

bottom of the next bear will likely settle over $100k

stay humble and stack sats

Lets get this Friday night party started early here. First ten to reply GM gets 1000 sats. LFG!

Shockingly few understand that monetary debasement is the leading cause—by a long-shot—of income inequality in the world.

This is a huge reason why #Bitcoin (which cannot be debased) is better money for a better world.

Tell your friends.

Today was (hopefully) my last day working as a physician.

All in on #Bitcoin, my hedge fund, and #nostr for the foreseeable future. 👀

Hopefully this time the retirement from #radiology will stick. 😂

Onwards. ⚡️