Filip Brnadic
To my copiers, I am increasingly confident that we are at, or within 5% of, the bottom in BTC for the reasons outlined in my latest newsletter. The TLDR is: ✅ positive macro (covered in detail in earlier posts) ✅ sentiment sitting at historical lows ✅ BTC and crypto are finally correlating with equities, after several weeks of being uncorrelated Looking at yesterday’s price action, the dislocations between OTHERS (TradingView) and BTC, and between BTC and equities, point to seller exhaustion on alts. Sure, you can argue it could still be a dead cat bounce, and that is a fair take, but my broader thesis into 2026 remains firmly bullish. On that basis, I believe we are at, or within 5% of the lows. We are also seeing a meaningful shift from large holders, with whale wallets (>10K BTC) beginning to accumulate for the first time since mid-August 2025. This is the type of structural flow that usually appears near local bottoms. ✌🏽 PS - For those asking, "Is now a good time to copy/add to copy?". The portfolio is down -22% over the past month. Go and look at my stats for every other time this has happened, then read my pinned post on when to add. What I will say is that this window comes around 1-2 times per year. ✌🏽 Disclaimer: Copy Trading is not investment advice | Capital at risk | Past performance does not guarantee future results $BTC $AUS200 $NSDQ100 $UK100 $GER40 project10x.substack.com/p/closer-to-the-bottom-than-the-top
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