Social media is filled with so-called experts shilling coins and advice along with the incredible picks they've made. Maybe I'm a bit slow, but if you pick 100's of coins, some are bound to skyrocket at some point. We never hear these same KOL's announce the majority of picks they've made that have died a slow death. Please be careful with who you follow, research picks and make an informed decision for yourself. Most importantly .... Have a Plan!

As BTC condolidates in to Wednesay's Fed rate decision, here are 3 scenarios I'm seeing on the Daily Chart. 1. A clean break of the channel to the weekly 50 SMA 2. A move up to the upper channel line and retracement back to lower trendline 3. A short liquidity grab up to the current pivot high Unless its a high volume wick move it's important to wait for the daily candle close before assessing the direction. Peace!

BTC weekly SRSI has closed below 80. I'm looking at the 50 SMA as the next major support barring a SRSI fakeout, which are rare on the weekly timeframe on cross-downs. If you missed loading up on the first cycle low, this could be your second chance to start dcaing. I am personally looking for a move to the 21 SMA for dca opportunities. Peace!

A bullish parallel channel has formed on the USDT/USDC weekly chart. Another one to keep an eye on. It's inverse to the market. As traders/institutions convert to stablecoins they are pulling out of the market and parking thier dry powder. So as this chart goes up, the market generally goes down.

A look into BTC on the Weekly, please excuse the busy chart. A clear resistance point at 87,150. Breaking this to the upside points to a move to the 90's, really up to the 94K area before any real resistance after the 90K hurdle is cleared. To the downside, waiting to see if the weekly candle closes below the lower trendline on the ascending parallel channel where I'd expect some increased selling pressure to the support area at 76.5K sitting right at the 50 SMA. Just below that support is an empty vlume node which could play a factor to a quick move approaching the 21 SMA currently at around 72K. If price does reach the 21 SMA, expect a strong bounce there.

A symmetrical triangle has formed on the BTC Daily Chart. Signifies an indecision point and is typically followed by a breakout up or down. Which way do we go? 79.8K is near-term support, 87.2K is near-term resistance. Higher timeframe supports at the 50 SMA (76.2K) and 21 SMA (72K).

Keep an eye on the BTC Weekly SRSI. On the weekly close, the fast line has crossed the 80, but an 80 line cross down won't be confirmed until the slow line (orange) closes below the 80. A confirmed close below 80 is significant because there are rarely any fakeouts on 80-line cross downs which typically result in corrective moves to the downside. Price is currently battling with the lower parallel channel trendline. If price does move lower from here, look to the 50 and 21 MA's for supports. That said, there are a couple of deep pockets of short liquidity showing on the 30-day heatmap at around 83.3K and 84.4K that might be enticing for a squeeze up before any moves to the downside if they occur. May the Alts be with You!

CPI report came in slightly hot causing today's BTC drop. On the weekly, BTC has formed a steep parallel channel off of a long green flagpole. Look for BTC to hold the bottom of the channel to maintain bullish momentum. A weekly close below the bottom channel line points to a possible meetup with the 21 SMA. Steep channels, both upward and downward typically lead to the large move once breached. May the Alts be with You!

BTC continues holding to the magnet price at 82,800. Barring any macro event news I'd expect price to hover until Wednesday's CPI report.

BTC indecision point at the critical 82.8K line. Short orders lined up on the hourly and buy orders on the daily. Squeeze liquidity slants more to an upside move but to me it's 50/50 as to the direction of the move out of this short term compression. October 14th CPI report could be a major catalyst for the market. Keeping an eye on the weekly SRSI. It's been hovering above 80 for over a month.

BTC testing the critical battle line at 82.8K. The bulls and bears will be fighting it out. If Breached, look to the 21 SMA as first line of structural support.

As BTC hovers before it's next move, here are a couple of scenarios that are possible. - A pullback to the line in the sand, 82,800, hold as support and bullish move to the 98,000 January pivot high - A pullback below 82,800 with a failed retest and move down to the 21 SMA currently at 71,000 May the Alts be With You!

G’Day Bullish Buddies! Attached is a chart with the 2W SRSI along with the timing of the previous cycle highs to bear maket lows. This cycle’s low has come 3 months earlier than any of the previous cycles. I was wrong in my previous bearish leaning and did not think BTC would breach and hold above 82.8K so take my points with a grain of salt. The market is currently bullish and until and if there’s a reversal, I will remain in the bullish camp. Just as there was no alt season last cycle, BTC may just be throwing a curveball in traditional cycle behavior and we go up from here. Below are what I see as both positive and negative factors relating to the market. Despite what the macro is saying, BTC can maintain in exhuberance mode and go higher. In my opinion, 82.8K is a key line in the sand for the low timeframe. If it holds, we most likely go higher, if it’s breached with a weekly close below, we most likely go lower. BTC Positive Factors - Weekly close above the 50 MA - Surge in ETF inflows - Renewed enthusiasm for the market BTC Negative Factors - 40% parabolic move with no significant correction - Stock Market in sustained parabolic upmove with expected 10% to 30% correction - Long liquidity vs short liquidity stacked below current price - Significant fair value gaps along the way down to 67K - 10 and 30 year bond yields at the level of the 2007-2008 economy collapse - Dollar in an uptrend and continuing to rise - High inflation with strong employment (stagflation sign) with no real guidance as to reversals in those areas - Fed rate almost one full percentage above the 2 Year yield - Fed expected with one or two more rate hikes in 2026 with Japan also raising rates - Global net liquidity remains flat with unlikely upcoming QE due to the strong employment numbers and no “crisis” situation - Recent surge in price coming from a massive short squeeze as opposed to spot volume - SRSI in a postion to cross below the 80 - RSI on the 2W at a common reversal area (56) - Based on the previous 3 cycles, this cycle’s low has come 3 months early, a significant deviation for a maturing asset - Traditional 4th quarter weakness for BTC in the year after the cycle top I’m not trying to rain on the bullish parade, but wanted to show what I’m seeing. Just being prepared to adjust in the event we get a big pullback. Look for the scenario if price closes on the weekly below 82.8K and the attempt after that to reclaim 82.8K. This is a major line in the sand as to a significant correction or a further move up into the 94K to 97K range. May the Alts be With You!