As last week drew to a close, bears bludgeoned a ‘hidden’ midpoint support at 108,827 with sufficient vigor to suggest that Bitcoin is a shoe-in to fall to at least p2=100,093. You should play for a tradable bounce from that Hidden Pivot, or somewhere very close to it, since a strong bounce is all but certain. Whether this hoax gets pummeled down to d=91,358 before the global house of cards topples is still speculative, but the odds are good enough that we should plan on shorting the bounce from p2 with a 91,358 downside objective in mind. Meanwhile, there is no reason to think the 18% decline so far from early October’s record 126,396 has stirred up any fear among the gambling addicts, avocado toast-eaters and bed wetters who trade the cryptos via RobinHood. They will s**t the bed before the game is over, but that time is not now. ______ UPDATE (Oct 22, 1:25 a.m.): This wrecking ball has begun to tire me out. It is on a buy signal at the moment at 108,278, stop 103,515. The trade is predicated on a rally to at least 113,039, but possibly as high as 122,562.