Announcement:

My tg channel goes from a free channel to a paid subscription channel on 10/10/2024 (starting from this Thursday).

Subscription is set at a low $10 per month. The amount is to be paid in USDT or USDC. This secures a standard fee of $10 per month. There is no variation according to the price of BTC. $10 every month. This low fee is done for one purpose only. NO ONE SHOULD BE LEFT BEHIND.  $10 only comes to 0.33 cents a day. There will be no subscription window. From Thursday, you may pay $10 in USDT or USDC, whenever you want, and you will have a 30 day membership from the day you make payment.

Subscribers will have access to the premium tg channel. Here, I will share all my posts, in the manner that you are used to. I will also post short videos. These will be chart related videos, explaining my chart interpretation. All videos will be less than 60 seconds long. These will be very educational. I will also expand on  'when' and 'what' the ATH's will be reached according to me. Note that fundamentals change everything, so you will alway be up to date.

Instructions on how to join will be shared on Wednesday.

Mr. S

In absence of any hostilities, this should begin to play out. 11th of October should boost this.

Oil is up by nearly 4%. This indicates to me that something is about to unfold that will hurt stocks. If its a big event, it will hurt crypto as well.

Yesterday we had 233.8 million in btc etf inflows. See what  i mean about markets digesting war? They now have enough confidence to get back into the game. Another few days of confidence, and even if there is retaliation, it will have a smaller effect, because psychologically, the event is already priced in.  Even oil has dropped overnight.
For today, I see some indifference rather than weakness. BTC should range from 62457-63220. I give a higher confidence for BTC loosing some ground, rather than gaining (61591) Vix is rising and we can't ignore that. ALTS will run parallel to BTC. The above is valid for the next 9 hrs, although we may see some volatility in 7hrs.

I do not like this candle at all. Its yesterday's daily candle and its a top hat candle. Its placement indicates a reversal (fall in price). There are fundamentals that can negate this, but they are not due until Thursday and Friday.

I forgot to mention yesterday, a small detail about the upcoming premium channel. All subscribers will have access to Wall Street Daily premium chat in BCW. It’s important for members to interact with each other, to help each other. Its reasonable for subscribers to have questions, I should be able to answer them.

To clarify, its not within BCW, but a different service from BCW. Its an environment with which you are accustomed to. A link will be provided.

This is playing out so far, BTC using 62457 as a backbone. Note 61591.

Pre-markets slightly in the green for now. I expect s&p to open around 5723 (it closed yesterday at 5695). There is slightly more money in BTC than ALTS as I write this, so BTC points the way and ALTS follow. Very sideways (I expected some volatility now). FOMC minutes will be released in 5 hours, so smart money wants to read the entire minutes of last months rate cut. They want to get an idea of the Feds intention for November, although the FED already made its intentions clear (another 0.5 by the end of the year).

5722, and oil is loosing yesterdays gains.

There are rumours in the US Capital that Israel will only target military installations and individual military leaders in Iran. Oil infrastructure maybe spared. Oil losing considerable ground today (maybe because of this rumour). This week should be bullish as stated in the attached post. Note that this is more true for s&p than crypto today, as more focus will be on the s&p.

This touch on our 63220 level retracted too quickly to be persuasive. Notice how precise our levels are.

Sometimes we need to go down before we go up. We need to reach 624574 or lower (61591) before we go up. This would be a healthy move in my opinion.

62574 got hit while I wrote the above.

edited 62056

edited 62056

So far its playing out as predicted 12 hrs ago.

Also as predicted, focus is on the s&p today.

Everything today so far, has the same ingredients as yesterday. Pre-markets are down, DXY continuous to rise (as predicted by cycle charts), and the market's liquidity between BTC and ALTS is roughly the same. This all leads to a sideways action.

The following is from yesterday's post and is still valid for now "For today, I see some indifference rather than weakness. BTC should range from 62457-63220. I give a higher confidence for BTC loosing some ground, rather than gaining (61591)". For today, this is valid for the next 7 hours, but read the next post very carefully.

The arrows show the daily candles for the past 2 days. I'm not worried because they're red. I'm worried because of their upper wicks. These are bearish candles. it shows that for BTC, bears are in control and yesterday we had BTC etf outflows. I expect bullish news for Thursday and Friday for markets. However, yesterday the S&P was up by 0.97% and BTC was under pressure. So good data coming in on Thursday and Friday may have a larger bullish effect on Wall street and a smaller one on Crypto. For today, I see pressure being exerted on us. A good sign of things to come for the last 2 days of the week, would be for magnified interest within 4 hrs before closure of markets today. Strictly speaking, we been sideways for 5 days now. We cant be sideways forever, we just have to get through today.