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$btc - project: htf bottom call

Excess eliminated ✅ 60k bottom call is going excellent.

Alright, not 2 weeks ago, we had to come out and save the market again and remind everyone of my bottom call given for the first time on Feb 6th, why 60k region is the bottom because many were panicking, bears were calling lower (sub 50k), yet our data pointed the other way in many ways.

Some of that fear of "btc is going much lower", spilled over to my own audience as market want in deep excess below the ever important silver zone (along with other confluences given by yours truly, as to why 60k is the bottom and we won't see 50k).

I explained the concept of excess because this phenomena is extremely common and forces you to make mistakes at the worst times, even if you are bullish (excess is the point where sticking to the plan is the hardest and most fail).

To solidify our plan even more of making no mistakes, I introduced my 7.12%+ concept into the world, where we wait for a 7.12%+ bounce before buying the retest below, instead of aggressively buying the silver zone.

Result? If we bought the silver zone, our entry would have been 62.4k, now, it's 60.9k instead.

Not much of a difference in theory, but psychologically, we didn't have to buy in the midst of fear, we didn't have to knife catch and we didn't risk buying in the very small chance we do get it wrong. So we just relaxed and acted patiently and got a clean entry so far.

This 7.12% technique is useful in any excess scenario hence why I shared it and hence why we tracked it in real time.

Managing your emotions during such times of overshoot, when everything "looks" like it's breaking down, but it doesn't, will not only stop you from exiting positions at the worst times, but also keep you ready to get the best entries.

Covid-(20)19 crash (which ironically happened in 2020 because the majority only knew about it in 2020), happened in manner of excess, so did the 65k top, and so did the 125k top.

Now, the market clearly showed a rebound of excess where, if you followed my plan, you are up. If you didn't, you would have to FOMO here which is potentially a much worse moment. Even if it's not in the price dimension and we go much higher IMO (this is a high timeframe bottom, after all), in the local time dimension, it takes more mental capacity to buy high timeframe here at 66k.

These are all nuances that make a 3-way-split lump sum strategy, which is a lot better than mindless or risk adj DCA'ing (which barely beats the market), work.

What's next

So now, the market bounced and eliminated excess. And next, I also called how we would close June above 64.9k, which means we receive a monthly SFP on top of the confluences shared.

That's the cherry on the cake to finish the bottoming process. For reference, that monthly SFP is exactly what topped us at 125k as well, into the same type of confluence we have now.

Buying after June's close is optional as well. But why wait that long if we have a plan in place which allows us to buy very close to the bottom (60.9k, performed in live time).

So next for me on the high timeframes, is looking for that monthly SFP, where we can fully solidify the bottom call we already made Feb 6th for the first time, and in June, the second time.

Once that happens, I believe we won't see lower, and the bears will have to commit to higher prices, or well, the "bears" have either been DCA'ing (they are just bearish for engagement yet they buy so if they are wrong, they still make money), or they just never buy and will fomo at the top where they are truly forced to buy, or, they don't even engage in this market.

From a real trader and investors perspective where I stand behind my calls, this is my exact process instead, shared in real time.

So far, so good. Next steps given, eyes on Junes close in 2 weeks, and the move up thereafter. Confident we complete the process step by step.