Bitcoin ‘Santa Rally’ Flop! 😱

One finds oneself obliged to report a rather dismal episode in the world of digital speculation. A Polish gentleman of some repute – or at least, one who enjoys a following on the internet – has been compelled to offer a public apology. The cause? A spectacularly misjudged forecast concerning Bitcoin, that most modern of vanities.

Robert Ruszała, known rather pretentiously as ‘El Profesor’ (one shudders to think what his academic credentials might be), has conceded that his ‘plan’ – and the use of quotation marks feels distinctly pointed – proved rather less prophetic than anticipated. He has, it seems, felt the need to issue a detailed post-mortem, detailing precisely where his deductions went awry. One almost feels sympathy…almost.

An Analyst With a Spine (Remarkable!)

It is, one must admit, singular to encounter a commentator in the world of cryptocurrencies who is willing to admit failure. The usual practice, naturally, is to trumpet successes and affect a convenient deafness when things go south. Ruszała, however, has chosen a different path. A path of…honesty?

His initial pronouncement, grandly titled “The Plan,” hinged upon a bullish trajectory for Bitcoin, predicated on market ‘fractals’ (a term one suspects covers a multitude of sins), the 50-week EMA (whatever that may be), and the dubious notion of a ‘Santa Rally’ – as if financial markets are governed by seasonal sentiment! 🎅

The expectation, apparently, was that Bitcoin would hold its rather precarious position and offer opportunities for the adventurous (or foolish) to take ‘long positions’ at specific ‘technical levels’. One pictures a room full of earnest young men, poring over charts. Tragic, really.

The Market, Naturally, Disagrees

Predictably, the market – that fickle and unforgiving entity – took issue with this arrangement. Within a mere three weeks, Bitcoin had descended below key levels, rendering the entire bullish structure entirely invalid. The ignominy!

On the 21st of November, Ruszała was forced to acknowledge his error in truly dramatic fashion, declaring:
“I failed… I’m sorry to everyone who followed this plan. I know where I made the mistake.” A statement of stunning simplicity, and all the more effective for it.

He then revealed that he prepares two scenarios – bullish and bearish. One can only assume the bullish one was drafted with a rather optimistic bottle of Polish vodka. The bearish forecast, it seems, was activated by the market’s rather forceful disagreement. 🍸

He insists (rather belatedly) that adapting to market fluctuations is of greater importance than stubbornly adhering to a pre-ordained course. A lesson, one feels, that should be self-evident even to ‘El Profesor’.

The Autopsy of “The Plan”

Ruszała has subsequently published a rather lengthy – one assumes, thoroughly tedious – technical breakdown of his miscalculation. He claims to have incorrectly ranked the significance of several ‘indicators’ (more jargon!), leading to a misjudgement of Bitcoin’s potential. 🤦

The ensuing discussion amongst traders, it is reported, has been surprisingly reasoned. Several commentators have apparently praised his transparency – a virtue one rarely encounters in this particular arena. One suspects they were simply relieved it wasn’t them whose predictions had proven so laughably inaccurate. 😂

The entire episode serves as a rather stark reminder that even the most meticulously constructed scenarios are subject to revision, and that the market, in its infinite wisdom, will often confound even the most seasoned (and self-proclaimed) experts.

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2025-11-24 04:28