Religy Capital

As predicted we had a beautiful cascade of over leveraged longs and we’re back in our old range.

Used the remainder of stables to pick up some more alts.

We might fill in the wick again at some point in time but first we’ll have to test the range high again.

Dont use leverage folks.

Today the market wrote history with BTC hitting 100K! This used to fiction but a million will eventually be a magnet.

Next plans:

• BTC needs to find a range where it can behave so BTC.D can drop making room for alts to grow.
• You can now see that some alts are retracing at resistance because BTC is sucking liquidity.
• Rotation to majors again where I expect ETH to shine and everything on-chain will blast off.
• I'm expecting a very green X-mas.

I'm leaving some room for a potential retracement to scoop up the dip.

Taking some profits today. We had a nice run up the last few days. Still believe this is an ABC corrrection where we’ll sweep the previous low sub 90k. No one ever went broke by taking a profit.

Overall trend is still Bull!

We made some nice gains with BTC hitting 80k. Projecting a daily top today or the 11th. With a possible bottoming structure on the 18th. I will convert 50% into cash where we’ll scoop up the bottom to ride it higher forseeing a new high late November.

Enjoy your weekend.

Welcome to the new copiers. Market was consolidating just like anticipated and this resulted in a strong pump. I’m seeing a daily top on the 10-11th with a few days of chop the following days. End of Nov a new top for BTC in the 80’s.