“Conviction isn’t avoiding volatility—it’s preparing for it.”
QUESTION OF THE DAY
If options-expiry volatility knocks BTC into $120K–$122K, is your plan to add, hedge, or wait for a close back above $124K? Why?
BITCOIN PRICE ACTION
- Bitcoin Eyes $147,000—but One More Pullback May Come First (BeInCrypto)
- Over $5.6 Billion in Bitcoin, Ethereum Options Set to Expire (BeInCrypto)
MARKET ANALYSIS
- Bitcoin Mayer Multiple: BTC price can hit $180K before being ‘overbought’ (Cointelegraph)
- Bitcoiners can up their price targets with new $110K bottom: Analyst James Check (Cointelegraph)
- Bitcoin slides to near $121,000 but analysts say ‘Uptober’ sentiment intact (The Block)
- Ether ‘3-wave pullback’ to end soon, $5.5K next: Mark Newton of Fundstrat (Cointelegraph)
BITCOIN WHALES
- Bitcoin 'OG' Whale Raises Bearish BTC Bet Worth Over $400M; Shorting Bitcoin (CoinDesk)
- $11B Bitcoin whale bets on BTC, ETH correction with $900M shorts (Cointelegraph)
STRATEGIC RESERVE and DATs
- BitMine adds $104 million worth of ETH to its treasury: onchain data (The Block)
ALTCOINS
- XRP Struggles to Reclaim $3 as Spot Demand Thins (CoinDesk)
STABLECOINS
- Ripple’s Stablecoin Inches Closer To The $1 Billion Mark After New RLSUD Expansion (BeInCrypto)
- Stablecoins make dollar transfers as easy as sending email, says Circle president (The Street)
- Coinbase and Mastercard in $2 billion bidding race for stablecoin firm BVNK (The Block, The Street, Decrypt, CoinDesk)
ETFs
- BlackRock’s bitcoin ETF surpasses 800,000 BTC in assets under management after $4 billion inflow streak (The Block)
- Ethereum ETFs end eight-day, $2 billion inflow streak as ETH cools (The Block)
POLITICS
- Senate Democrats' Leaked Crypto Position Would Strangle DeFi, Industry Insiders Say (CoinDesk, The Block)
- Massachusetts Bitcoin reserve bill gets lukewarm response at hearing (Cointelegraph)
VOICES
- GRANT CARDONE: "Every Bitcoin you sell is going to cost you $1 million."
- 🇺🇸 Senator Cynthia Lummis tells Jack Dorsey we have a bill ready for de minimis tax exemptions on Bitcoin. Tax-free Bitcoin payments soon 😎
- CYPHERPUNK ADAM BACK: "Buy Bitcoin every month, never short."
- 🇺🇸 JP Morgan analysts raise Bitcoin target to $165,000, citing parity with gold. 🟧
WHAT TO WATCH
LISTEN TO THIS!
Ep. 682 How Stable Coins are Revolutionizing the Crypto World | Crypto101
