Ryancohen — Trading Ideas on TradingView

You Won't Believe Who Saved Bitcoin: GME This last week was interesting to say the least but the most interesting thing to watch was the incredibly influx of volume into INDEX:BTCUSD As the week progressed into Thursday and Friday and equity markets sold off big the volume of trading in Bitcoin more than doubled... yet the price remained stagnant. A month ago I did a study of correlation and relative movements between stocks and Bitcoin to answer the question: "What would happen to Bitcoin if Stocks Crash?" The TL;DR was that 75% of all weeks exhibited a positive correlation with nearly 50% a "high" correlation. Also, when equities have sold off big over the past decade Bitcoin had sold off at least two times or more. Correlations are not an absolute and can change but this week something unique was clearly going on. If the standard correlation had been allowed to play out on Thursday INDEX:BTCUSD would have fallen more than -8% and Friday more than -11%. It would have triggered mass liquidations. But that did not happen. This was a critically important Support for Bitcoin to hold and someone knew it... enter Ryan Cohen. Michael Saylor with NASDAQ:MSTR is definitely NOT the one deploying cash to prop up Bitcoin. His buys have been entirely NOT-Strategy-ic and has mostly bought highs. He has made a virtue out of being a really bad "trader" uncaring about price and timing. That plan has not worked to push Bitcoin to new a new All Time High nor saved it from the bear trend in 2025. Cohen, however, is a renowned trader/investor that should know market structure and would have the sense to deploy cash at the perfect time. Just this week two things happened: Cohen took out a loan backed by his NYSE:GME shares and GameStop completed a convertible note offering, like Microstrategy has done, to raise 1.4 Billion in cash to buy Bitcoin. That gave him lots of cash at the critical point at the end of the week. So do they get to win? Very possible. It depends on equities. If stocks rise in the coming week then the Bitcoin correlation may resume and INDEX:BTCUSD be lifted. If the U.S. economy enters a recession, the stock market route deepens, or if they used all of their available cash to exhaustion then the plan could fail and Bitcoin will fall in sync.

$GME - First signs of something possibly happening Hi guys, My data didn't show the last couple of large spikes making me think they were completely related to DFV's forced MM share buying to hedge which is why i didn't post anything. Now i'm finally seeing small signs of something possibly happening. Nothing concrete yet, still the begginings of what might be something. My algo printed a buy for GME and it's the one that kinda predicted big pump to $75, also other data partially confirms this is not a false positive print. I plan to open a small position at some point just in case. Won't be sharing the position here as GME is an important trade and i don't want my trade to be affected by various factors caused by me sharing my position. imgur.com My data shows a spike in the blue line data which is significant. It it continues rising, then we'll see a price pump eventually. That's all i can say for now.

15min Cup and Handle on GME We can see some movement within the falling wedge on the 1hr with a cup and handle forming on the 15! Keep an eye out on for a breakout on both.

GME Trying to find its way home...Ryan Cohen has announced with his massive balls on his sleeve that GME will be seeking approval of a stock dividend along with a split. This is extremely bullish news along with the bullish price action we have been seeing the past couple of weeks. GME looks to be heading back up the upper trendline around 240$ area at the moment with momentum continuing up, If anyone is shaky about staying in this play then it isn't for you. This is a long term swing/squeeze play imo, Looks like its doing the same thing AMC did last year in the summer breakout of 70$, (breakdown out of the bull flag, then proceeding to scrap its way back up into the upper trend before finally taking flight. We shall see what it does but i am personally adding and holding the positions I have. Good luck guys.

ALL UPTRENDS + BULL PENDANT Any DD at this point would be a waste of time as you all mostly know by now the stock is being manipulated heavily by naked shorts. That being said were just looking at the chart for a time and price estimate. As you can see most of the uptrends are all looking in the same direction. Theyre all looking at around the $500 + price mark at around the end of October or beginning of December. To me this seems reasonable. It may correlate well with banks needing 1 trillion by the first of October. To me the worst case scenarios is it dipping slightly before launching. As always, I do this for fun and make a pretty decent living out of it but I am not an advisor. I DO NOT TRADE this stock, I ONLY BUY AND HODL. Most of the stock market is risky for me at the moment and I feel GME is a safe haven for my funds. Thats all. have a nice day! God Bless