Look at the levels we are at, since I started writing back in March of this year, I have received hundreds of comments about how we were being distributed or that we would never reach these levels in $BTC , so follow me so I can share with you the trades I made these days; it is likely that we have about 20~30 days of upward movement before the first strong liquidations, so using a lot of leverage at these levels can be dangerous; also, I have seen a lot of people deciding whether to close their positions in profit or loss, don't worry, we should hold our coins and longs until the end of the first quarter of 2025, and at most if you want more profits you can start migrating from #btc which likely has no more than 70% left until its cycle maximum to projects like $ETH which may have more than 100% left.

I know that most spot investors and some in futures are very happy with this great weekly candle of $BTC
In which it is amazing to say that we are over $81,000.
It is clear that not every week will we have these movements of a 25% increase, because if that were the case, next weekend we would be breaking 100k.
And although it is clear that we broke the corrective trend in that 9-month sideways movement, we now enter a new phase where we will be in an uptrend for 3 or 4 months; with its ups and downs we will gain ground in all currencies, especially for the altcoins.
And this is what many of us expected, that everything would explode upwards, and we deserve it; thus many doubts were cleared, and money to enter the market with the presidential election in the United States; although Kamala and her policies could be even more inflationary, they affected another sector of the market.

And in a few months we will see everything and everywhere cryptocurrencies, in news, YouTube, and even in videos with people talking about plants or food.
And they will be the ones we will sell our coins to by mid-2025, and so the markets behave. Since they are very cyclical and this happens time and again in all markets.
And although I have only posted bullish content, I will also do so when I sell my cryptos or go fully short.
Just as I posted on October 1 that I put my entire portfolio long in different projects like #btc $ETH $PEPE

Today we break #ath in $BTC

New ATH of 75k$BTC
And the dominance at 4-year highs, in a couple of weeks altseason#altseason starts

This week the markets were very quiet and scared, this means that when seeing the largest candles in fear (although the fear and gread index did not go down to fear) the sp500 was very quiet; so even though today we have a tie in the presidential elections, most likely tomorrow if Trump wins we will begin to have green candles every week, and if Kamala wins possibly only this week will be red and the following green in the crypto sector.
In the image we see the Vix with one of the largest and most leveraged movements on Friday of last week and it has been 4 years since we saw a movement like that, of extreme anxiety, and what happened after that peak is that the bull market began during this week,

We are just moments away from the end of the United States elections, and knowing who will be the president of the U.S. for the next 4 years; and although we still do not have a defined winner and anyone is good to eliminate uncertainty in the economy (the only scenario that would affect us is if there is a tie) since if Trump or Kamala tie they cannot form a government if neither reaches the 270 points of delegates in Congress, although at this moment Trump has a slight lead, and although we have had 7 days of red candles, today since 7 am we have had a significant recovery in $BTC and many alts.

What should concern us is having a clear winner by the time the WS stock market opens tomorrow at 8; since both administrations have inflationary policies; and also that both have a majority in Congress of Democrats or Republicans, to remove uncertainty in the markets.
Although it is evident that the community #cripto has a preference for Trump since he is one of the few presidents who supports the sector and has expressed different proposals throughout his candidacy.
So if in a few hours we see a drop in crypto, it is a tie or that Kamala won, and if we start in green it means Trump won, and it is a good point to start the seasonal rise.

In this cycle we saw a radical change in bitcoin and cryptocurrencies, by the elites and many countries, where it went from being something that was defamed as dirty or laundered money, insecure or hackable to something that they now love.
And all this began at the beginning of 2023, when Larry F, the CEO of black rock in which he started a pro $BTC campaign in the most important news outlets in the United States, this same investment fund that long ago saw it as a scam to the entire sector, and coincidentally 10 months after his first pro-crypto words, the $BTC spot ETFs were approved in WS, and they became the ETFs with the greatest adoption in all of history.
And another important figure who declared himself pro #bitcoin at the beginning of 2023 was Donal T, and a small part of his campaign has focused on raising votes by encouraging its use for the United States government and for it to be a fully active asset in the world economy, in which he has given us the following promises:
•Fire Gary G, on his first day in office.
•Create a national reserve of #btc
•Make the US the crypto capital
•Mine all remaining btc in the US
(Something that is mathematically and fundamentally impossible, but his point is understood)
•Self-custody rights

And some more, which in the end may remain in the air if he becomes president, but at least he has already put them on the table.
Something that with the factor of the elections, the halving and cycles of monetary expansion and with historical highs in the stock market, so tomorrow in my opinion the bull market begins, about 200 days after halving.

The Hong Kong district has officially approved the first license for products structured for $BTC and all the rest of #criptos

This aids in the global adoption of countries, where just a few days ago Russia lifted its bans on cryptocurrencies and mining of #btc .
All of this supports the rise and the growing interest in this economic sector.

This channel seems very important for long or short positions if leveraged many times, and it is a good ascending channel to follow besides line L2, which is around 57k dollars, and if at any point we touch those cyclical supports again, there is a very strong bullish reaction.

In the channel, we see a wave 5; when dealing with Elliott waves that tend to be very precise due to their ratios and their accuracy, we are in wave 1 of 5 of 5, and although it may sound complex, we have very good movements for cycle longs, as we are missing almost all the movement, and it will be a movement of months; and when we reach high levels it will be better to switch to more neutral strategies possibly passing levels of 120k - 150k and at the end of the third quarter of 2025 reconsider and change to more bearish movements, although good news keeps coming out.
So we have very good entries for the long term in coins like $BTC $ETH $PEPE ; remember that scraping down to the last dollar in a coin may lead us to lose the lows and the highs.

We are less than 48 hours away from one of the events that could completely and permanently change the course of the economy. In the short term, the presidential elections in the United States are not being celebrated at all, although they could be good buying points or the best for the remainder of the year. Since in the previous 3 bull runs they coincided with the elections, and roughly 20 days later we started a parabolic movement that lasts about 12 weeks without any significant retracement.

On November 6, 2012, it was the first election in which the asset $BTC already existed, and with a victory for the Democratic Party and Barack Obama, it rose by 11,000%.

On November 5, 2016, the Republican Party won and Donald Trump was elected, which had a movement of 2,660% until reaching highs.

And in the last elections, which were in 2020, Joe Biden won with the Democrats and it rose by 390%.

So this Tuesday is going to be important as a lot of uncertainty in many economic issues will be cleared, such as taxes, inflationary measures, treaties with countries or economic and military allies.
And with this, a lot of money will flow into the markets in the coming weeks.
So we will likely have a movement of up to 100% (like the highs of this cycle) in $BTC in the near future and a drop in dominance where the first beneficiary will be $ETH with an even larger rise.

This Tuesday, November 5th, we have the United States elections, and historically it has always been a good buying point before a big rise in $BTC
Since in previous occasions after election day we never see the price of #bitcoin touch the prices of that day again, of course, at these points it is possible that we return to the 40-45 by 2026, but that is a topic for another analysis.
My point is that we are at a good buying point for the next few months, and that starting from the coming weeks we will not approach prices below 70k dollars per bitcoin again.

We are starting the month of November after October with a very eventful end of the month, as we were less than 1% away from reaching a new all-time high.
After more than a 10% increase in October, we will see if this month is a moonvember.
As an even more bullish piece of data, we have 2 timeframes that support us: first, that after a bullish September, we have a stable and rising last quarter of the year, and another potentially bullish timeframe is that in election years we have a bullish end of the month; in 2016, 2020, and this 2024 we have elections 🗳️ in the United States, which are contested this coming Tuesday, November 5, and a few days later the Fed will speak about interest rates, so next week could be very volatile, but I am very sure that in the last two weeks of November we will break all-time highs and initiate a decline in the dominance of $BTC
For an altseason

Trump's words: $BTC it's money but;
Do you have to pay taxes to buy a coffee?
Talking to a friend, he told me $BTC there shouldn't be taxes, and I agreed!.

But being really objective, it could be that Trump is strongly supporting this narrative, but truly in power and with the votes, the reality is different, since all monetary systems are meant to collect taxes.
But the positive thing about having someone with crypto in power is that instead of paying taxes like on stocks or more, if they are paid in p2p between businesses and individuals, they should only charge a normal tax, just to the business owners.

What are your opinions?

In technical analysis, we enter a bullish stage upon reaching 73,400, and it is possible that we won't revisit 60k for over a year.
Now we need to look at the fundamentals and the economic week that still lies ahead, especially Monday and Tuesday of next week due to the presidential campaigns. So let's review the economic agenda and the times to be attentive in the market if you want to make trades.

Tomorrow at 8:15 am NYC we have the employment report and GDP data from the United States. Two very important reports for the FED rates.
We also have reports from Lilly and Caterpillar in the pre-market and from Microsoft and Meta in the post.

Thursday will be the most important day of the week regarding fundamentals, as we will have the inflation numbers at 8:30 NYC.
Also, reports from Mastercard in the pre and from Amazon and Apple in the post.

On Friday, the unemployment figures (which will dictate everything over the weekend) are expected to be the most anticipated.
And reports from Fubo and Exxon.

Thus, these could be important hours as a lot of money moves in the markets and we see a bit of the day's trend.

But if you're looking at the long term, these are good days to accumulate coins like $SOL $ETH $PEPE before Tuesday, the 5th of the elections, as whoever wins will remove a lot of uncertainty from the markets (although everything points to Trump leading in various polls by a margin of 2% to 20%)

We are touching the historic highs of this year and we are just 2% away, and we are also very close to a confirmation of a bullish rally; the first thing we need to clarify is that this will be the last rally of cryptos or at least of the entire ecosystem in general, and it is possible that it will not last many months; since we will see in this rally the highs of the cycle, but we will also start a downward trend from the third quarter of '25 until early '27. It is also important that as soon as we break historic highs, which today we are less than $500 away from, much more money will come in and we will also start to achieve a much greater risk tolerance, and this will cause liquidity to begin to nibble at $ETH and many more altcoins, such as $SOL or $PEPE ; and it is just at these moments when many of you will be considering selling your altcoins because you are frustrated that they are not moving and thinking of buying #bitcoin since btc at the current moment is reaching a dominance of 61% and this could happen during the next 2 weeks, in which it is very likely that an altseason will begin, and in crypto everything happens very slowly, until suddenly in a few days or weeks everything has happened.

At this moment to all of us who have been accumulating for months remember:

The drop on August 5, which only because the Japanese felt like making a joke we had a drop to 49k

These 8 months in a range

To all who said it was a distribution range.

Of course, we must have a different perspective in short-term trades or timeframes under one day; but in the medium to long term it is clear that we broke a downward trendline and we are going to see significant rises in these months.

We are already in the last days of October, and we have $BTC stable and approaching historical highs, while 95% of the altcoins are stagnant, since #bitcoin is breaking 4-year highs in its dominance, and the only coin that is seeing a considerable rise apart from btc is $SOL and most of its ecosystem, in fact we had a milestone in transaction fees of #sol and also established an all-time high in the sol pair $ETH .
And this is very bullish since in addition to sol and the tokens of its ecosystem, those of us who support this project also know that it is usually the first to take off and in the coming weeks the rest of the crypto market will follow. So we should think a little about ETH and how it can behave throughout the month of November, since with BTC attacking highs and a week away from the US elections, where we will see an economic waste that ends up in the markets; so we may still see small falls throughout this week in altcoins, but they are really already marginal compared to the returns that they will give us throughout these months.

Analyzing the Hashrate rate this last week we had a new peak that took us to all-time highs, which is interesting since after the halving many miners stop mining as they may not be profitable; Something interesting and smart from the people at Blackrock and Vanguard is that each one invested in 3-4 of the largest mining companies of $BTC ; Something very important about this is that we break that accumulation dynamic and start with a bullish check which is very positive and shows us that those who mine #bitcoins are starting to accumulate, and that we have not broken all-time highs, but they have already stopped selling, which is very good for the following weeks.

A new all-time high at $BTC seems evident in not many days; although we also have a safe haven asset like Gold at all-time highs.
In August when we were at 65k, I told you that we would see a reversal towards 50~53 since I was sure that we would not touch 49 again; and since then I have said that many people would stay out of the market since they would always be looking for lower entries. So we should always think about which scenario causes the most pain, since many sold below 55k for fear of falling further, and the most painful scenario is to continue gaining height without making much noise, I personally think from technical analysis that we are going to head towards 60k for the rest of the week and that is possibly the last opportunity to get hooked on a bull run, although I would still recommend not moving to an asset like #btc but to altcoins like $ETH
To have a better performance, and although in these months I have failed only in one of my 5 scenarios, seasonally it is no longer time for a pullback, but technically it is the most possible, since we must keep in mind that we are almost at 200 days of the halving, which is when we see and break historical highs and we are also less than 15 days away from the United States elections, which is one of the most bullish events for all markets.

Great news.
Whales and ETFs are buying #bitcoins in massive quantities!!
And this year is clearly going to be the most important in terms of institutional adoption, and changing what many banks, investment funds or public figures thought and the perspective they had of this asset and the entire crypto market.
The most important of these would be Blackrock, which in just a few months has already become one of the main holders and has greatly changed the position of its CEO and changed its stance on cryptocurrencies.
Something that can be very important for when we are in the bull run and also to see the purchases of all the whales and institutions.
So during the day I will upload how institutions are supporting crypto assets and also a complete report from Blackrock

Informed.
1300 days without your altcoins moving, and that btc is very close to breaking historical highs.
And we have $BTC with a dominance of 59% and not even $ETH is saved from having a bad behavior buying it with btc, but it has been more than 3.5 years since we had such a bad behavior in the #altcoins .
And this is positive to a certain extent because it may be that we are still a couple of weeks in which btc consolidates at historical highs and capital begins to move to other currencies, and you must enter those that have not yet started their first bullish movement, because although we see coins like Tao Sui Sei while others like Ada Hbar Pepe. It's not that these coins are new capital that is coming in, but rather that they are institutional ones that are moving within the market.
So don't worry if you think you're not in the right projects since it would be very different if it was just one of the entire top 100 altcoins and it didn't go up.
But I can assure you that when BTC starts to consolidate a few days above ath, the real bull run will begin .$PEPE