As we head into the upcoming Thanksgiving week, I wanted to send a warm note of gratitude â and a quick update on whatâs happening in the markets.
Hereâs where we stand with Bitcoin today:
Bitcoin is trading around $85,000 USD (give or take) and has slipped about 2% in the past 24 hours according to multiple sources. Over the past week, itâs dropped closer to 10% as market sentiment has turned cautious.
Iâm pleased to say that the forecast I shared for bitcoinâs pull-back is playing out â weâre seeing a âmeltdownâ type move, and itâs exactly the kind of setup we discussed about risk, volatility and opportunity.
Whatâs next?
- Weâll be uploading another episode this Sunday â inside it, weâll dive into the latest on bitcoinâs price action, whatâs driving it, and how you should think about positioning (whether youâre learning to trade, or already trading).
- Use the holiday week to reflect and set your trading mindset for the months ahead. Think: what worked, what didnât, and how you want to approach the next set of moves.
- And of course: if you have any questions, or want to talk through what this means for you â reach out. Iâm here to help.
Enjoy the weekend, enjoy the Thanksgiving holiday early, and take some time to rest and recharge. Weâll hit the ground running on Sunday and plan for the weeks ahead with clarity and momentum.
-MrUnemployable