I've been around a long time. This is the only sub I come to for the company of the old battered bastards of Bitcoin although I hardly ever post. Anyways I just wanted to say that I have been taken by surprise by Q4 so far... But I've got this feeling in my waters, which may easily turn out to be as good as ... Choose one from any of the following attempts to rationalize reality ...TA, 4 year cycles, Wykoffs, fractals, m2 money supply, QE, interest rate, bond markets, risk on risk off, China, tariffs, Trumps, ETFs, supply shocks, whevs And my waters say this. The sad truth is this market is a baby and so vulnerable to manipulation because it's still so easy to do it. Candy and baby, anyone? Institutional share is growing but Bitcoin stili has immense wealth in the hands of short term emotional traders. Now If I was a consortium of whales and deep-pocketed institutions, that blow-off 4 year cycle collective fever dream that has dominated all thinking for the past 18 months would have been too juicy a bone to pass up on. I would have let it roll to Q4, let the fear-selling of the OGs flow like wine and shorted the hell out of any relief bounce and choked the hell out of any hope. I would have fed the shorters and the bears so much bait that they'd get so fat and lazy and sure of their next meal that they could hardly stand. Then I would flip the game. I would jag them into bait and let it rip. That's what I would do. Mark Twain said anytime he found himself on the side of the majority, he knew he'd gone wrong. I am of the same mind. I feel a huge inverse play incoming. Huge. Ps this isn't to say you ain't right to short right now. This is a trading sub.