$BTC is up +2.17% from the Oct 15 low at $79,800.90, now trading at $81,532.70 If you had longed it at the Oct 15 9:00 AM ET low with $100k at 10x, you'd be up +$21,702 right now Why it moved Wall Street is building a seatbelt for bitcoin. BlackRock filed with the SEC on Monday for the iShares Bitcoin Managed Protect ETF, a fund that tracks IBIT upside to a cap while offering some downside protection, The Block reported at 6:00 PM ET Oct 19. Strategy also bought another 267 BTC for about $22.1 million last week, at roughly $82,900 each, lifting its stack to 848,517 BTC. The bigger thesis Options desks are paying for fear. Puts outtraded calls more than two to one on Deribit, and the Oct 30 $80,000 put was the busiest contract, CoinDesk reported at 6:22 AM ET Oct 20. Yet open interest still leans toward $90,000 to $100,000 calls. Glassnode adds that supply in profit slipped from 70.1% to 68.2% in a week, so fewer holders have gains to sell. What I'm watching next Above: $81,843.10, the 3:00 AM ET high, then $82,263.40 from midnight ET, then the 24h high at $82,746.10. Below: $81,343.90, the 5:00 AM ET low, then $81,205.20 from Monday night, then the Oct 15 base at $79,800.90. When everyone hedges the same strike, the squeeze tends to go the other way. I post my BTC levels live in the Telegram, so get in before the US open, not after it. Still watching from the sidelines? Every move in this post was there for anyone looking early. Stop reading recaps after the pump. Join before it's too late: t.me/+Z3NwL0DSnmk0ZjI0