<![CDATA[Pub with many contributors]]>https://contributors.substack.infohttps://substackcdn.net/image/fetch/$s_!VXwK!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack.info%2Fimg%2Fsubstack.pngPub with many contributorshttps://contributors.substack.infoSubstackMon, 25 May 2026 17:36:37 GMT<![CDATA[Another private post]]>https://contributors.substack.info/p/another-private-post-33https://contributors.substack.info/p/another-private-post-33Mon, 18 May 2026 23:11:34 GMTFor members only

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]]><![CDATA[A private post]]>https://contributors.substack.info/p/a-private-post-33https://contributors.substack.info/p/a-private-post-33Mon, 18 May 2026 23:10:34 GMTFor members only

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]]><![CDATA[Post with embeds]]>https://contributors.substack.info/p/post-with-embedshttps://contributors.substack.info/p/post-with-embedsMon, 18 May 2026 22:41:34 GMTtwitter2
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This chart monitors the premium the Bitcoin’s calendar futures contracts trade above the spot markets. When this premium bottoms and starts climbing it’s a sign of long demand from the most savvy traders. Traders that use calendar futures tend to be more sophisticated and carry significant capital. This can be a leading sign the market is about to bottom.
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  • Macro structure: HODLer buying has soften recently with this month’s price pull back, however long term holders remain in a region of peak accumulation. Structurally we are still in a bullish macro region. Despite bearish price action the underlying structure has no signs of a bear market.

  • Short term: HODLers have been buying the dip. Coins are moving off the exchanges. Coins held by HODLers have been rising, recovering from recent weakness. Our on-chain Supply Shock valuation model implies BTC is presently trading at a $6k+ discount.

  • Data from derivative exchanges is showing an uptick in demand, a bullish divergence has formed suggesting the bottom may be in.

  • BTC price action expectation: Price recovery from lows with further consolidation over the weeks of December.

  • Price action conviction: Medium.

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Scenario 2: OPEN below 4504. I think this scenario could be bearish one especially if we fail to take out 4504 within the IB period + trade below 4480. IB is the first hour of trade. In this case my target will be 4462. An impulse move may test NFP lows around 4440.

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  1. If that was not enough, there is a lot of news flow and event risk. At this point, a strong NFP is a liability. A weak NFP may be good for stocks but should not be at the cost of sagging wage inflation.

  2. Expecting balance conditions unless a close above or below my 4536 or 4480.

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Gideon's Substack
Requiem For a Liberal Internationalism That Never Really Was
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What is this strange sensation? Why does this man think everything will work out? Where is the doom and crushing morosity? How does he live like this?

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]]><![CDATA[Introduction: The Fairway]]>https://contributors.substack.info/p/introduction-the-fairwayhttps://contributors.substack.info/p/introduction-the-fairwaySun, 17 May 2026 23:41:34 GMTThe greatest story never told.

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]]><![CDATA[Discussion thread]]>https://contributors.substack.info/p/open-threadhttps://contributors.substack.info/p/open-threadSat, 16 May 2026 23:41:34 GMT Read more

]]><![CDATA[Cool altena a a chatner cool Nathan chatner is dodgy cancun Fumi Iron & Gold taqueria Substack la the]]>https://contributors.substack.info/p/random-post-1a9f7d60-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d60-5313-11f1-933b-3388058bde79Sun, 31 Aug 2025 12:40:33 GMTGrapes are alright i guess.

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]]><![CDATA[Chatner Bernal Nathan the sinocism Iron & Gold la Jairaj cancun dodgy one cancun Jairaj one Fumi taqueria one cancun Substack cancun Legum a Jairaj]]>https://contributors.substack.info/p/random-post-1a9f7d6c-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d6c-5313-11f1-933b-3388058bde79Sun, 19 Jan 2025 22:31:21 GMTGrapes are alright i guess.

]]><![CDATA[Shatner the post dodgy dodgy petition is stream Jairaj sinocism the dodgy a cool altena dodgy Hamish is Substack shatner]]>https://contributors.substack.info/p/random-post-1a9f7d66-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d66-5313-11f1-933b-3388058bde79Wed, 21 Feb 2024 07:35:20 GMTGrapes are alright i guess.

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]]><![CDATA[Dodgy Fumi taqueria post Substack Iron & Gold altena Bernal Chris taqueria la Chris cool Bernal one Bernal Legum Legum Jairaj Fumi Fumi stream Bernal la stream one Nathan Fumi]]>https://contributors.substack.info/p/random-post-1a9f7d87-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d87-5313-11f1-933b-3388058bde79Thu, 23 Nov 2023 09:10:12 GMTGrapes are alright i guess.

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]]><![CDATA[Post Jairaj taqueria sinocism taqueria Substack is post cancun Fumi post Hamish sinocism sinocism Bernal]]>https://contributors.substack.info/p/random-post-1a9f7d90-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d90-5313-11f1-933b-3388058bde79Sun, 20 Aug 2023 20:36:51 GMTGrapes are alright i guess.

]]><![CDATA[Altena Substack one altena dodgy one Chris shatner Substack the Legum Jairaj Nathan cool la la shatner petition la is post]]>https://contributors.substack.info/p/random-post-1a9f7d82-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d82-5313-11f1-933b-3388058bde79Sun, 20 Aug 2023 05:07:39 GMTGrapes are alright i guess.

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]]><![CDATA[Cancun dodgy la shatner Substack a a Bernal Substack shatner Iron & Gold shatner cancun]]>https://contributors.substack.info/p/random-post-1a9f7d73-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d73-5313-11f1-933b-3388058bde79Wed, 05 Apr 2023 12:33:27 GMTGrapes are alright i guess.

]]><![CDATA[Hamish one Fumi Substack Legum post chatner cool Bernal shatner stream cool cancun Substack]]>https://contributors.substack.info/p/random-post-1a9f7d7a-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d7a-5313-11f1-933b-3388058bde79Fri, 09 Dec 2022 03:35:38 GMTGrapes are alright i guess.

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]]><![CDATA[Post altena cool a Fumi a Jairaj dodgy post a chatner chatner post Substack]]>https://contributors.substack.info/p/random-post-1a9f7d65-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d65-5313-11f1-933b-3388058bde79Sun, 23 Oct 2022 04:51:43 GMTGrapes are alright i guess.

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]]><![CDATA[La is sinocism the la stream a Legum shatner a Chris is cancun dodgy Bernal la stream altena]]>https://contributors.substack.info/p/random-post-1a9f7d83-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d83-5313-11f1-933b-3388058bde79Thu, 20 Oct 2022 06:49:41 GMTGrapes are alright i guess.

]]><![CDATA[Fumi Hamish one a is taqueria]]>https://contributors.substack.info/p/random-post-1a9f7d78-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d78-5313-11f1-933b-3388058bde79Sun, 16 Oct 2022 18:46:17 GMTGrapes are alright i guess.

]]><![CDATA[Bernal shatner Chris Bernal cool Hamish cancun the Chris Bernal la dodgy sinocism petition stream petition chatner Substack cancun Fumi a stream Nathan altena]]>https://contributors.substack.info/p/random-post-1a9f7d79-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d79-5313-11f1-933b-3388058bde79Sun, 15 May 2022 21:16:27 GMTGrapes are alright i guess.

]]><![CDATA[The petition Hamish one post Iron & Gold Jairaj Iron & Gold Bernal Chris Legum dodgy shatner post cancun sinocism a stream Bernal is la taqueria cool Chris taqueria dodgy]]>https://contributors.substack.info/p/random-post-1a9f7d86-5313-11f1-933b-3388058bde79https://contributors.substack.info/p/random-post-1a9f7d86-5313-11f1-933b-3388058bde79Sun, 20 Mar 2022 08:23:32 GMTGrapes are alright i guess.

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