WARNING: BITCOIN JUST ENTERED QUICKSAND ON GAUSSIAN CHANNEL - IS IT OVER

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WARNING: BITCOIN JUST ENTERED QUICKSAND ON GAUSSIAN CHANNEL - IS IT OVER

#bitcoin

[CryptoCrewUniversity]

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[TheRealHarsjan]

This is not good for my mental health.
Emotional damage all day everyday.

[Rickmaxi]

So happy I never listened to those 'influencers' stating we're going to the MOON and past 100K.... took profits at 70 and happy as a lark.

[craigfroude]

Let it sink as far as possible so I can actually buy a whole coin 👍👍

[Astrolovescrypto]

I’m not freaking out until late October

[jeffx]

So to summarise, we will see a double top— everyone will get bullish again… then we break down and that will be the end of the bull run.

[Irnwkr]

I have my own data and knowledge and i am buying. Dont get left behind.

[mdatube]

This is the sorriest ass bull run I've ever seen.

[Lamski]

So much bearishness everywhere. As many bearish charts that we see there are also quite a few bullish ones also. None of the major indicators ever tripped that the top was in. I believe this is just the major shakeout right before the big run up. Sure i could be wrong but we have never had a 1 year 4 month bottom to top bull run so im sticking with the 3 year bottom to top till it clearly breaks. Good luck everyone. Dont give up.

[tsunamii]

"Wake me up when September ends..."

[jarredthebear]

I keep all mine don't sell. I buy more!!! I make more money everyday. If I sell my assets I just have money sitting around with nothing to do with it. Eventually it will whittle away. I keep it in up or down I'm long. Real investor here not a trader, I don't try to get rich quick most lose that way. Been in crypto since 2020. I been waiting for march-may to be at the top. If we go down now. Mar-may is around 200 something days away. Calm down and accumulate.

[RealestPirate]

Its important to remember that Steve is educating us, he gives us the tools to navigate the market unlike alot of other channels. Dont get too emotionally involved guys, it is still a bullrun, and until proven otherwise lets stay level headed!

[leighpilfoot]

And the HERD said Blackrock and big institutions buying up BTC was bullish??? Centralised/Decentralized

[RALDUBBDDRK]

Feel like with all the institutions involved in the space, I don’t think we’ll stay below the midpoint of Gaussian for 250 days like last bull. My moneys on 90-150 days

[Ava_vee]

so quicksand is basically saying that its over for the next 200+ days, which is good news to me personally, i will just continue to DCA and stop looking at my portfolio and stop caring about the market for a while.

[andytebbe]

Thank you so much Steve, as always. Near the end of this (22:53) you say that the prettiest entry into the quicksand was in 2019 because the bloodbath was brief and was followed by a huge bull run.... but I would suggest that the mid-2021 entry into quicksand was prettier because there was no bloodbath at all... just, a very short-lived "party" up to the November high point of the cycle. Yes it was short-lived, but there was no bloodbath. I think that makes it a little prettier.... just a thought.

[Protocolpimp]

Everyone is saying everyone is bearish, which means everyone is bullish, which means we’re bearish.

[Gotto]

"Everyone says we're bullish" not seeing it. All I see is 20 fear and greed index and extreme bearish sentiment

[prasadmankar]

Are you suggesting a market cycle top if we go inside the quick sand? If that's the case then instead of 2026 being the blood bath time we will experience the same from 2025 onwards, that means 2 years of long bear market.

[Oneil]

Just to share my observation. Btw this is my first cycle. Present cycle not comparable to past cycles using this quicksand TA, imo. Couple times 3 charts in confluence going up, but still fakeout. My conclusion.. No one really knows whats btc next move. T.A.s is just like telling history and putting some color on it, then a little guessing on what happens next. If guess is correct, it will be replayed over n over, if wrong guess, just be quiet n forget it. ✌️✌️✌️