I sold all of my crypto between May - July thinking we'd see a large correction. We did pull back to the 48K level, but we didn't see continuation below that level. Now price is within 1K of where I sold it and I now think we'll see the last move higher. So I'm starting to build exposure again.
If we look at the chart, BTC has been consolidating right below resistance.
I think we'll see one final move to 883K-86k, then we'll see the larger correction that I was anticipating below 30k.
Still don't think we see 100k BTC anytime soon. I think that doesn't come until 2026-2028.
I've started building exposure to BTC again and certain alts, specifically DOGE incase Trump wins as I think that'll be a catalyst to send price higher. I
I think alts will see one last move higher into early December before the whole market starts to correct.
Let's see what happens.
Note
Price broke upwards and is on it's way to the target. I've been playing this move with calls on COIN and RIOT. I think this move is going to happen quickly. Positions:
Coin:
Sold my 205C 11/15 yesterday for 690% gain
Bought 275C 11/15 this morning could see price getting up to $335-350
RIOT I have 10C for 11/15 could see price getting up to $17.80 or so
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