I'm growing increasingly bullish. I plan to buy back spot BTC. Larry Fink is posting bullish sentiments, while Twitter sentiment has hit a bottom. Bloomberg is heavily criticizing ETH after its -60% drop, and most importantly, Jerome Powell compared it to gold (the core thesis).

I bought back spot at 82.5k, fully deployed except the margin balances, which I would use for liq cascade possibilities. I don't want to be side-lined at support when I am a long term bull.

Some perspective: since the 2022 bottom, Bitcoin has never experienced more than two consecutive down months.

If you read the timeline, it seems like people think it's the end of the world—the beginning of a bear market and a long recession with lower prices guaranteed. I don’t subscribe to that view. I’m going long around 80k until it stops working.

I'm not leveraged now but allocated to BTC. I think we might spike below 80k, though it's not certain. For me to leverage long, I need a big wipe-out, at least clearing all this short-term added open interest.

I think the risk of not owning BTC is high right now, especially when gold is at all-time highs, the DXY is plummeting, and the world is becoming increasingly uncertain. This stock correlation is a short-term phenomenon. The real narrative lies in the power of BTC as a decentralized alternative to fiat systems, which offers many benefits, including insurance against seizure and a potential hedge against money printing, acting as a form of digital gold.

I believe the price range has narrowed to $80,000–$85,000. I expect a trend to emerge if either of these levels is sustainably broken through, with at least a daily close. My current position consists of spot BTC holdings with an average entry below $82,000. I plan to add leverage if we experience a flush downward or if we reclaim $85,000, unless the move is driven by Saylor’s TWAP activity.

Shaved some long exposure around 84.5k, not too sure if we are lagging or showing relative strength. Back to my 30% BTC / 70% stables basket.

I'm comfortable with the current basket. The stock market has been plummeting for a while, and BTC has remained relatively neutral. I think the outlook isn't good. I could see a sharp downward move if we decisively lose 80k. I'm not looking to bid more until the uncertainty is resolved. If being honest, it looks like if we're going to break-down, it's coming soon.

When Trump first started winning the presidential election, BTC was trading around 68k. Meanwhile, the stock market is now trading far below its pre-election levels. I can see a scenario where we enter a bear market and BTC drops to 50k in a couple of months. It’s critical to hold some fiat in case that happens.

BTC has held up once again in the face of a stock market melt-down. I am not sure what to make of it: it seems like the 80k bulls are strong, and this is relative strength. But also, there is a chance we are "lagging". I am comfortable in my 70% stable coins / 30% BTC basket for now, and simply observing.

For reference. It’s been many such days… Likely someone big is buying, and this is relative strength.

My plan: either I buy dips above 85k if it looks bullish and sustainable, or catch a deep spike below the obvious 80k stop-loss heaven. Anything else is simply scalps that are not worth sharing publicly.

I’m fully allocated into BTC from the 82.5k area again. It seems to me that doubt is being cast on the US government itself, which is reflected by the weakening dollar and the bloodbath in stocks. This creates a narrative for BTC: where do people park their money if they don’t want to be at the mercy of seizure, want to transact, move, and hold freely, and avoid exposure to their government? (This rules out gold, stocks, and bonds.) If the superpower of the world is being questioned, what other governments won’t also be? BTC was made for this exact scenario, and we’ve never seen relative strength to the extent of this week—it’s up on the week during one of the worst weeks for the American stock market in history. I’m looking to add leverage on dips.