MARKET UPDATE - 10TH OCTOBER, 2024
Added 2024-10-10 18:45:28 +0000 UTCHello my friends,
It’s been months since we noticed that BTC has been making lower lows and lower highs on the macro, but most importantly we saw that it failed to make a higher low and made a lower low when it struck $48,000. That’s been a big deal historically.
Ever since then, if you would please kindly open the chart that’s attached, you’ll see it has failed to reclaim a higher high and then another one, which is at $71,000 and which serves as a technical confirmation of a reversal.
There are no technical signs of a reversal. Yet. That’s why I have been so keen on taking some profits earlier than planned. History doesn’t repeat itself but it often rhymes. In the past, BTC crashed roughly 75% from the peak whenever a higher low failed to hold and a higher high wasn’t made.
That’s why I want to be prepared with partial profits and money made off profits if history does rhyme again. If not, we have enough coins riding. But if yes, we need to have capital to deploy without injecting new money into the market. To make sure we can play the potential (nothing is guaranteed) crash and the bounce that follows as a hedge.🤜🏻💚🤛🏻
If you have questions, please let me know.
Comments
?????
CG12345
2024-10-15 12:23:16 +0000 UTC"Meaning I’m fully out of BTC and ETH much earlier than planned" Do i missed where you sold BTC? Could you please tell me?
CG12345
2024-10-14 11:08:16 +0000 UTCHi Rob! I would love to help build a 99-tier spreadsheet! I was just wondering if you could send me the one you have so I can build on that! Thanks!! (I've messaged you on twitter too :) )
Tania Chavez
2024-10-13 23:58:57 +0000 UTCCan’t see the last post, got a notification but when I go to view it It is not there
Broadbillin
2024-10-13 19:40:52 +0000 UTCYou think it’s safe to start accumulating alts at the minute? Lots at lows or wait for lower?
Donkeymagic007
2024-10-11 11:43:36 +0000 UTCYes let's do that.
Masteron-blade
2024-10-10 19:54:24 +0000 UTCCheers M, hope you’re doing well. Need to spark up a LIVE one of these days🙂💚
Rob Art
2024-10-10 19:51:30 +0000 UTCThanks Rob, for the update.
Masteron-blade
2024-10-10 19:47:12 +0000 UTC🫶🏻🙂
Rob Art
2024-10-10 19:08:54 +0000 UTC💪💪
Ste Doherty
2024-10-10 19:07:54 +0000 UTClol😂
Rob Art
2024-10-10 19:02:33 +0000 UTCWhen moon? Sorry I had to. Lol.
EllTee
2024-10-10 19:02:14 +0000 UTCCheers my friend🤜🏻💚🤛🏻 Hope you are well)
Rob Art
2024-10-10 18:55:27 +0000 UTCThenk you bro for the update 🤜💚🤛 Let’s wait and see what the market gives us and I’m much happier if the market gives us a good chance and improve our entries Thank you for your support 🤝
Sead Memedi
2024-10-10 18:53:28 +0000 UTC
