Grey box once again getting defended - but choppy conditions clearly aren't over yet.
Last day of the month - we need a strong green candle today or we'll see our first red October close in 7 years.
Taking the fam to the zoo today - see you guys around.
#Bitcoin
Very happy with how I played this cycle so far.
Was able to purchase my first home, completely renovate it, and still end up with more liquid capital than a couple years ago.
Moonbag left for the remaining upside - time to make these last few months count.
Send it! $BTC
Higher low forming for #Bitcoin.
This could shape up like an inverted head and shoulders-like structure to send us back above $116k.
Sitting on my hands.
Higher low formed, and $110,000 turned into support.
Range remains intact.
Reclaim the $116k region, and the fun resumes.
Until then, it's chop city - and I'm not going to waste my time staring at charts all day.
#Bitcoin
#Bitcoin is still moving to plan, slowly but surely forming a higher low in the $112k region as discussed this week.
Maintain this area until post-FOMC and I'm very confident we'll be attacking $116k again shortly.
Until then, don't get sucked into overtrading.
#Bitcoin back at the key support area on the back of Powell talking.
As usual, FOMC jitters bring some downside. Hold this are, and all is well.
Lose it again, and it starts looking dire. We'll see tomorrow. 👍🏻
And there we have the Powell-induced volatility.
Rates cut by 25bps, prices pushing into the $110k support area again.
Time to let the dust settle and resume the programme shortly.
Gold and #Bitcoin keep taking turns to run.
Both have been in a gradual bull market over the past years - with gold accelerating into a blow-off like top recently.
Time for Bitcoin to follow suit?
Targeting $150-170k target if it keeps following the same playbook. 🚀
The bull market is well underway.
You can make a shitload of money if you play your cards right, but it will only get harder from here.
Soon, you will have to sell, even though everyone tells you the market will go higher.
Prepare accordingly.
Very happy with how I played this cycle so far.
Was able to purchase my first home, completely renovate it, and still end up with more liquid capital than a couple years ago.
Moonbag left for the remaining upside - time to make these last few months count.
Send it! $BTC
Rangebound price action above the previous range highs.
Lows taken out, reasonable area of interest now being turned back into support as we form a higher low.
I've seen worse looking #Bitcoin charts.
Area of interest reached for #Bitcoin after a little drop this evening.
Form that higher low overnight, cut some rates tomorrow & we can keep pushing for a $116k reclaim. 👍🏻
Gold and #Bitcoin keep taking turns to run.
Both have been in a gradual bull market over the past years - with gold accelerating into a blow-off like top recently.
Time for Bitcoin to follow suit?
Targeting $150-170k target if it keeps following the same playbook. 🚀
$ETH is still holding the previous highs, after breaking out from a massive bullish megaphone 👀
Shakeouts at support in true shitcoin fashion - but this still looks very promising.
Hated rally soon?
#Bitcoin is still moving to plan, slowly but surely forming a higher low in the $112k region as discussed this week.
Maintain this area until post-FOMC and I'm very confident we'll be attacking $116k again shortly.
Until then, don't get sucked into overtrading.
Near 100% chance of another rate cut later today.
Should be a 'relatively' calm event as a result, though the speech might still bring some movement if Powell is overly hawkish or dovish.
Let's get the day over with, and resume the normal programme.
Area of interest reached for #Bitcoin after a little drop this evening.
Form that higher low overnight, cut some rates tomorrow & we can keep pushing for a $116k reclaim. 👍🏻
97% odds that we see another rate cut this Wednesday.
The new era of looser monetary policy is here. Usually, that's good news for risk assets, and especially #Bitcoin.
Bring it on.
#Bitcoin retracing a portion of the recent bounce - as expected.
Still waiting for a higher low to form (preferably in the 112k region), or a reclaim of $116k.
Until then, taking it easy.
