Let me help some of you guys out. This is BTC monthly chart. Last month was bearish with no strength after such a drop in June. The fact that this month has stalled out well below the prior swing low is super ugly. The cycle just won’t end until we sweep lows and flush out properly.

Aug 18, 2026 · 4:19 AM UTC

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Replying to @CalvinWeight
Stop it with the rational takes Calvin, those are not allowed on this platform
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Haha. I’m just here to destroy hopes and dreams.
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Replying to @CalvinWeight
Interesting. Did you get crushed on shorting BTC?
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Not yet ;) there’s still time haha.
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Replying to @CalvinWeight
Serious question, is your stance still the same or did this pump change your outlook? This is a mature question not bashing like most these weirdos that hate on everyone outlook. I enjoy learning from other peoples outlooks on changes like this that come in an instant?
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Yes. So for all this time I had held a BTC long to offset my portfolio waiting for something similar to this move. I was pretty happy about it and closed my BTC long finally at $72.6k. I’m full naked short now. I’m usually early to a trade but this is so vertical that I’m not going to be greedy. The weekly chart looks silly so I’ll wait for the next pullback. I know we could hover up here for a while but I’m prepared for a move higher. I still don’t think we close above $82k and I still expect a sweep of the lows. Getting above $82k would change my mind but I still won’t go long until we get a pullback.
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Replying to @CalvinWeight
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