Weekly Market Recap 10/19 📊

GM! I was traveling this weekend so I couldn’t update yesterday but it basically was boring and choppy PA all weekend. There was all these calls about ‘black monday’ happening today and neither crypto or equities or memory stocks really fell at all.

On the bright side, amidst everything BTC still strong and didn’t make any new lows over the weekend. I’m just waiting for something reasonable to develop and don’t wanna get chopped up trading this where price is currently at.

Also when you zoom out, thinks look much better per usual, on the 3D chart you can see this is just a prime spot to make another Higher Low, basically anything from here down to $75K would be valid for that. Also on the monthy as well, as long as we stay above the area I charted, I’m still bullish overall.

Regarding equities and stocks etc, it’s good to keep in mind because although BTC is giga strong, any dump in tradfi will obviously drag us down, and vice versa if we go up on equities and memory stocks.

Weekly Market Recap 10/25 📊

Not much to update but BTC still not showing much, no clear direction for me. I don’t wanna overtrade when I’m not certain where the market wants to go so it’s boring but gotta stay patient here imo.

As far as the HTF charts go, the monthly definitely the best looking one now, I don’t really like the weekly looks like it’s going to roll over now, we’d basically want a higher low to form there so any consolidation (as long as we stay above $75K) is good. The slow months suck but are necessary for the good and big moves to form.

Let’s see what this week brings 🤝️️️️️️