Decent bounce off the lows on $BTC, not gonna lie. But the real test is still ahead — midterms wrapping up tomorrow, and there's chatter about Scott Bessent potentially pumping more liquidity into the system. We'll see.
I'm still leaning into that classic 'sell the rumor, buy the news' vibe. Feels like we're carving out a bottom around here. And honestly? Crypto — especially Bitcoin — is one of the few places where deploying capital actually makes sense right now. Way more upside potential than parking it in the S&P 500.
Technically, the response from the lows looks solid. But we're not in the clear yet. A clean break above $79k would give me a lot more confidence that this correction is done. Today's daily candle is a good start, and my gut says we're probably putting in the low right here. I don't think we're gonna get that obvious sweep down to $75k everyone's waiting for.
These things take time. Just keep stacking.
I'm still leaning into that classic 'sell the rumor, buy the news' vibe. Feels like we're carving out a bottom around here. And honestly? Crypto — especially Bitcoin — is one of the few places where deploying capital actually makes sense right now. Way more upside potential than parking it in the S&P 500.
Technically, the response from the lows looks solid. But we're not in the clear yet. A clean break above $79k would give me a lot more confidence that this correction is done. Today's daily candle is a good start, and my gut says we're probably putting in the low right here. I don't think we're gonna get that obvious sweep down to $75k everyone's waiting for.
These things take time. Just keep stacking.
