$BTC is up +4.49% from the Oct 15 low at $79,800.90, now trading at $83,380.10 If you had longed it at the Oct 15 9:00 AM ET low with $100k at 10x, you'd be up +$44,852 right now Why it moved The AI trade woke up overnight. Strong results from SpaceX and Super Micro lifted Asian tech, Korea's Kospi jumped 3.7%, and Bitcoin rode it back to $83,000, CoinDesk reported at 12:07 AM ET on Oct 21. On KuCoin, BTC printed $83,381.20 in the 4:00 AM ET hour. The bigger thesis Hashdex told CoinDesk this bear phase had run 359 days by Sept 30, against 361, 377 and 411 days for the last three. Short-term holders, the likeliest dip sellers, now own just 16% of supply, the lowest since January 2023. The ETF bid is still there but cooler: US spot Bitcoin ETFs added $23.2 million on Oct 20 after $526.7 million the day before, per Farside data. Tesla reports after the bell on Oct 21 with 11,509 BTC on its books. What I'm watching next Hashdex wants a reclaim of $84,000 before the Fed meets Oct 27-28. Above: $83,440.70, the Oct 20 high, then $83,910.70, the Oct 14 high, then $84,000. Below: $83,098.60, the 4:00 AM ET low, then about $82,684, the 20-day EMA, then $81,322.80, the Oct 20 low, then the Oct 15 base at $79,800.90. I drop my BTC levels in the Telegram while the move is still forming. Join now and watch them live. 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