My October prediction:
I think we are seeing a fake-out to make everyone believe PUMPtober is canceled.
October started with a dump where Bitcoin dropped nearly $7,000 in 48 hours, ETH crashed 10%, and alts plummeted 15%-20%, liquidating almost $1 billion worth of longs.
We got hit with AI FUD, the US government moving Bitcoin, Trump restarting war, and historical October 10/10 PTSD all at once.
Retail is panic selling, bears are calling for $40k, and many believe the bull market is over. This is exactly what the cartels and whales want you to think so they can buy your coins at cheap prices.
From here, bears will grow confident, and shorts will pile up. When everyone is fully convinced that Uptober is canceled and we are going lower, the market will reverse. We will see massive god candles just like we did in August.
By the end of October and heading into Q4, a massive short squeeze will send BTC flying above $90K, ETH hitting $3K, and alts pumping to new yearly highs.
I could be wrong, and we might dump a little bit more first. But I’m 100% confident that as long as Bitcoin stays above the 50-week MA (which is now at $77k), we are in a macro bull market.
In short, I’m giga bullish on Q4.
Like and repost if we should do more of these.
I think we are seeing a fake-out to make everyone believe PUMPtober is canceled.
October started with a dump where Bitcoin dropped nearly $7,000 in 48 hours, ETH crashed 10%, and alts plummeted 15%-20%, liquidating almost $1 billion worth of longs.
We got hit with AI FUD, the US government moving Bitcoin, Trump restarting war, and historical October 10/10 PTSD all at once.
Retail is panic selling, bears are calling for $40k, and many believe the bull market is over. This is exactly what the cartels and whales want you to think so they can buy your coins at cheap prices.
From here, bears will grow confident, and shorts will pile up. When everyone is fully convinced that Uptober is canceled and we are going lower, the market will reverse. We will see massive god candles just like we did in August.
By the end of October and heading into Q4, a massive short squeeze will send BTC flying above $90K, ETH hitting $3K, and alts pumping to new yearly highs.
I could be wrong, and we might dump a little bit more first. But I’m 100% confident that as long as Bitcoin stays above the 50-week MA (which is now at $77k), we are in a macro bull market.
In short, I’m giga bullish on Q4.
Like and repost if we should do more of these.