Gargoyle|Jul 21, 2026 07:20
LIVERMORE PREDICTED BTC WITHOUT KNOWING IT
Livermore described this market cycle in 1940
Bitcoin has been following it stage by stage since 2016
Stage 7 - where we are now - is the hardest part psychologically
Price grinds lower. News gets worse. Most people conclude that the bull market is over for good
That's the trap
That's what stage 7 is supposed to feel like
What comes after is stage 8 - the markup phase inside the same channel that has held every single move since Bitcoin was worth nothing
If that channel continues to define the structure, the next target is somewhere between $500k and $1M
I know how that sounds
I also remember when $100k sounded the same way(Gargoyle)
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