Nachi|Oct 20, 2026 17:07
GM degens, miss you all. Have been sick forever after Token
As mentioned the bull market has returned, still maintain this view
After some cleansing of leverages in the past 2 weeks, BTC and alts have corrected to levels worth bidding again. As long as 80k is held, the correction is over and BTC is likely going for another leg up towards ~95k which could be the final leg up this year
We should see that within 2 weeks. R/R still high with ~3k of downside for ~12k+ of upside, not to mention if you bid the good alts. Should I share what alts I've been bidding?
What drives this move would be capital rotation from those who got crushed in the semis capitulation and even for Gold maxis like @PeterSchiff. After all, BTC has been more resilient than Gold with a lower drawdown since the last high in Sep, and is better positioned for another leg up
The 500m+ ETF inflow yesterday was one of the hints
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