Oct '25 • General discussion
Still in the CHOP zone!
Hi everyone,
I wanted to stop in with a quick market update. Not much has changed since last week other than GOLD taking a lower low (Pic1) which was expected.
As of now S&P is hitting new all time highs (pic 2) with a gap up. As we know, these tend to fill so be careful out there.
The question now is, "Will Gold outflows, flow into BTC? Will BTC follow the market north?" We are getting to the last leg of the cycle for BTC and all the fundamentals keep building for it. Meaning countries and institutions continue to buy regardless of the price.
As for the price of BTC we had a gap up in the futures market (pic 3). I am hoping for a quick wick down tomorrow followed by strong by action. We'll see if we get it. Regardless BTC is still in the chop zone.
What do you all think will happen? Will BTC continue north, or is this beginning of the end? How are you all feeling about it?
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Still in the CHOP zone!
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