Current crypto bias
- Chance 53k was the bottom, BTC grind higher until sideliners capitulate and buy
- SEC winning vs. RvZ for selling unregistered securities is not good and now XRP is the target. Watch for price action/news around Oct 17
Down unless Fed speak (so many) + CPI
If for some reason you follow me and trade non-crypto futures, I made an indicator that plots futures settlement prices. It's 100% accurate by using @tradingview's built-in function. On non-futures, it plots the close instead.
https://t.co/rgmBhViGux
If you're in cash, looking to swing, at what price range would you consider getting in, regardless if you're fading or trend following?
Oct 9 FOMC
Oct 10 US CPI
Oct 11 US PPI
Total market cap battling around 2T, which was the approx mcap ATH in 2021
BTC recently swept Oct 1 open
It bottomed but I pulled out for irl monies so no good position. Using total market cap to guess $BTC direction for the next few weeks. I'm not sure of market direction at this level but the shorting would have cheap invalidation. Maybe btc bullish retest at 59
AI coins, tradfi integration coins, and other weird shit might outperform. There's weird shit like running NFTS (GMT) and fukubukuro NFTs (ASTR).
new ny sess, i believe bottomed btc +/-1% but i don't see upside potential bc us market dumping. interesting that on back-adjusted cme btc futures it already is in that mid feb thing