October 2024 - The Early runner. Is SUI going from $1.00 to $25 very soon? (Paid Edition)

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Fast brief (TLDR) -

1. Uptober cancelled? Don’t be silly

2. The Millionaire makers. Why you have an advantage

3. Is SUI going from $1.00 to $25 very soon?

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“Uptober” has started a little rocky. Is that surprising?

Geo-political instability rained on Crypto's parade, but what it has done is create conditions for a sustainable breakout, if bulls can seize the moment.

$60,000 is our floor. If bulls lose it a sustained move in October becomes problematic. If we hold here, then Bitcoin is putting in a higher low in a new uptrend.

First the first time in 5 months Bitcoin is threatening a higher high breakout, but it must clear $70,000 to confirm.

You can see the higher-low higher-high structure building on the chart below…and $60,000 is the core support level that price has thrown back to.

Higher low? Bulls, are you alive? The time is now.

I would feel more confident in this thesis if we conclusively close above the 200 Day Moving Average and $65,000. 

In the short term, the signs are there that Bitcoin is looking to get everyone BEARISH again at support before reversing

There is a clear BULLISH divergence appearing - where the Momentum is making higher lows while price is grinding lower into support at $60,000

The macro has a penchant for confusing people into making short term decisions, where I believe the bigger story here is, liquidity expansion.

When Gold and Global liquidity is rising, it’s only a matter of time before Bitcoin & Crypto catch up. 

To put a cap on the current macro climate, I outlined my thoughts to our exclusive Mastermind clients this week…(read below)  

Seasonality favours the bulls. Using the performance chart we used last month, we can see that October is the second best performing month for Bitcoin on average, with just two October’s since 2013 being negative.

The US election is still the major story here and I can’t help but feel that events and volatility are only going to get worse until after the 3rd of November, when we learn who will be moving into the White House.

It could well turn out that we don’t have new highs until after then as investors like certainty.

The Millionaire makers. Why you have an advantage

Every serious investor in these markets is looking for the NEXT BIG THING to latch onto…

Not frogs, dogs, cats or lizards…

Or the low liquidity, low Market Cap projects out on the risk curve that keep you up at night.

I’m talking about the weightier projects that come with a higher entry price to match their fundamental potential.

The projects you can ride for the entirety of the bull cycle and longer.

Imagine buying Ethereum at $13.00 or Solana at $0.50

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