The four-year cycle crowd needed a crash this year. They got chop instead. Mid-cycle, and the bigger move comes later.

When each wave of selling is smaller than the last, sellers are running out. Decaying sell-offs are the shape of supply moving to holders who will not sell at these prices. The falsifier comes with it: if the waves start growing again, the read is wrong. https://t.co/Im7s2elG5R

810 BTC from Saylor is a headline. Price gets made on the order book, and the book had moved on before lunch.

Alt seasons are born when money gets cheap. Until then, rotations are short and brutal. Watch credit before you watch charts.

Biggest exchange robbery in history and Bitcoin closed the week a couple of percent lower. Fragile markets fall apart on news like that. This one kept filling bids.

A golden cross is a receipt, not a signal. The 50-day average crossing above the 200-day confirms a rise that has already happened. Both lines are built from past prices. Useful as a record of the trend. Late as a reason to buy. Chart honesty, 2/4. https://t.co/abBhpGlx2T

A cycle low forms inside a window of weeks, never on one date. Same for the top. We dated ours in May and haven't moved it.

"Exchange reserves falling" is read as coins leaving to be held long term. Sometimes it is. Sometimes an exchange is moving coins between its own wallets, or an address was relabelled. The number is only as good as the labels behind it. Misleading words, 2/4. https://t.co/Hd4YiUzZBY

"Uptober" is a calendar story. A month's name carries no information about supply, demand or credit. Some Octobers rose, some fell, and a short history makes any pattern look stronger than it is. Tonight's close settles a monthly candle, not a cycle. https://t.co/qVK5K23uGb

18 years ago today, a nine-page paper was posted to a cryptography mailing list. It described electronic cash sent between two people with no bank in the middle, kept on a public ledger nobody could quietly rewrite. Every block since follows those nine pages. https://t.co/xS0V7diuuk