Livermore’s Speculative Blueprint: Are We Near the Final Act?
Bitcoin’s price action since 2022 eerily mirrors Jesse Livermore’s legendary “Speculative Chart,” a timeless model of market psychology and price behavior. The attached overlay illustrates how BTC has respected nearly every phase—accumulation, markup, reaction, and reaccumulation—leading us to what might be the most explosive stage yet: the vertical move from Point 8 to 10.
📈 The Setup So Far:
• Points 1 to 7: Clear accumulation and steady breakout patterns within a widening mouth structure—exactly as Livermore described.
• Point 8 (Now?): BTC breaks out of the upper resistance line, aligning with Livermore’s “all-important action” area.
• What’s Next? Point 9 and 10—typically a euphoric, parabolic blow-off top before distribution sets in.
🧠 Psychology Meets Price
Each leg of this journey isn’t just about price—it’s about crowd behavior:
• From fear to disbelief (Points 1–3),
• Hope to confidence (Points 4–6),
• And now possibly greed turning into euphoria (Points 8–10).
🕰️ Historical Echoes?
If BTC truly follows Livermore’s script, we may be entering the final markup before the inevitable distribution and reversal.
🧭 Key Levels to Watch:
• 200K+ may represent the speculative climax.
• A rejection from that zone could initiate Points 11–14, characterized by distribution and eventual breakdown.
• Long-term holders: brace for volatility.
• Traders: this is where legends are made—or unmade.
⸻
📌 Final Thought:
This isn’t just TA. It’s a battle between emotion and logic, euphoria and fear, and it’s playing out on the grandest digital stage of our time. Will Bitcoin complete the Livermore pattern? Bookmark this chart, follow the story, and let’s find out.
Bitcoin’s price action since 2022 eerily mirrors Jesse Livermore’s legendary “Speculative Chart,” a timeless model of market psychology and price behavior. The attached overlay illustrates how BTC has respected nearly every phase—accumulation, markup, reaction, and reaccumulation—leading us to what might be the most explosive stage yet: the vertical move from Point 8 to 10.
📈 The Setup So Far:
• Points 1 to 7: Clear accumulation and steady breakout patterns within a widening mouth structure—exactly as Livermore described.
• Point 8 (Now?): BTC breaks out of the upper resistance line, aligning with Livermore’s “all-important action” area.
• What’s Next? Point 9 and 10—typically a euphoric, parabolic blow-off top before distribution sets in.
🧠 Psychology Meets Price
Each leg of this journey isn’t just about price—it’s about crowd behavior:
• From fear to disbelief (Points 1–3),
• Hope to confidence (Points 4–6),
• And now possibly greed turning into euphoria (Points 8–10).
🕰️ Historical Echoes?
If BTC truly follows Livermore’s script, we may be entering the final markup before the inevitable distribution and reversal.
🧭 Key Levels to Watch:
• 200K+ may represent the speculative climax.
• A rejection from that zone could initiate Points 11–14, characterized by distribution and eventual breakdown.
• Long-term holders: brace for volatility.
• Traders: this is where legends are made—or unmade.
⸻
📌 Final Thought:
This isn’t just TA. It’s a battle between emotion and logic, euphoria and fear, and it’s playing out on the grandest digital stage of our time. Will Bitcoin complete the Livermore pattern? Bookmark this chart, follow the story, and let’s find out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.