Bitcoin Working thesis
The case for flipping bearish here is weak.
Bears do not have to be wrong for the trade to be poor. Most of the downside they are trying to avoid is already behind us. The upside they are giving up if the tape turns is still large.
Defending lower levels for a long time does not make a fresh bearish flip safer. It makes the asymmetry worse.
Years are short.
Stay long.
yntrs / Yorgos
npub10h…rn8zq
2026-10-28 17:44:32 UTC
Author Public Key
npub10h7f4fpx6tj78jfujzc9c0jnq7357clr352z558jp2j9pnxegr9qrrn8zqPublished at
2026-10-28 17:44:32 UTCEvent JSON
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"content": "Bitcoin Working thesis\n\nThe case for flipping bearish here is weak.\n\nBears do not have to be wrong for the trade to be poor. Most of the downside they are trying to avoid is already behind us. The upside they are giving up if the tape turns is still large.\n\nDefending lower levels for a long time does not make a fresh bearish flip safer. It makes the asymmetry worse.\n\nYears are short.\n\nStay long.",
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