Friday Market Update

I recorded a video update this morning but it doesn’t want to upload so I will type it out real quick.

Starting with Bitcoin. I mentioned in a September video that we could see one more lower high in Oct. and then a push up. That is exactly what we have seen. We still need to be cautious of a Oct 2019 style setup where we had a big pop and then ultimately moved lower into November where we made a new low.

This is not a scenario I necessarily see happening at this point. With my analysis on the dollar making a high and stocks heading for a huge year end rally I believe risk is here to stay in the short term.