Big breakout on #Bitcoin# today after the Democrats have won the midterms. It's about to flip its downtrend into an uptrend, and there are some levels that are important to watch. First of all, the best case would be to hold $79,800 as that would mean that buyers are extremely willing to be getting into the markets again. Honestly, I would expect ETF flows to be massive today (inflow big time). Secondly, if this upper level doesn't hold, I'm interested into finding support at $79,000 area. If that doesn't hold, markets are in trouble. If it does, we'll be in for a big breakout coming 7-10 days on the markets and the trend to shift back into an uptrend.

My expectations: - Oil is crashing, I don't think we're done with the drop, most likely we'll go down a lot more. - Yields are about to drop heavily, there's less of a need to holding T-Bills. - Dollar goes down. - Nasdaq, S&P go belly up. - Gold and hard assets go up. - #Bitcoin# outperforms all other assets massively.

Oil is crashing. The midterms have been won by the Democrats. The result: There are way better market circumstances to invest into riskier assets like #Bitcoin# for the coming two years. It's time to be extremely bullish.

The Democrats have absolutley obliterated the Republican Party. Markets have bottomed, it’s time to proceed towards new all time highs for #Bitcoin#. It’s the classic ‘Sell the rumor, buy the news’ type of event. The win by the Democrats was already priced in, and to be honest, this situation is way better for the markets than the past two years

I'm pleased to see the current strength on #Altcoins# in the market. Despite the shock, some of them are trading on higher levels than prior to the hack. I think that, broadly speaking, we're hitting the low on this correction (also due to the priced-in event of the midterms coming up). The coming months is all about new narratives and the standard end-of-year run on the crypto ecosystem broadly. That's $160,000 of the public altcoin portfolio allocated by 95% into the markets.

$ETH has reached the area where you'd want to be max bidding. It has taken out all of the lows since the breakout in August. Literally all of them. That means: it's going to reverse back upwards from here, or we'll fall <$1,850. As there's just been a massive hack in the industry and prices remain resilient + problem is solved, it's quite hard to expect that we'll be seeing the crash towards <$1,850. Why am I saying that? You forget the midterms! Yeah, by now, and that's probably what you're seeing in indices and other assets: everyone has already priced in the fact that the Democrats will win these. Most likely that's why there's not much more downwards pressure going to happen. Other than that, looking at a flip of $2,300 would be incredibly bullish.

Insane scenes in Western-Europe. Belgium, Netherlands, Germany, France, all countries are seeing wild protests from 'students'. At the end of a financial system, this is what happens. People get angry and a revolution needs to happen to be able to be getting change within countries. It's just extremely sad to see.

More than 90% of the stolen assets are replenished. Incredible performance by @binance and the entire industry. Sure, you could argue that there needs to be more safety measures or regulations. However, this industry has proven that we're capable of solving our issues ourselves. It's just shy of 48 hours after the hack took place and it all calmed down. Absolutely phenomenal by @heyibinance & @cz_binance.

I'm thinking that $ETHFI has bottomed. It's been such a beautiful correction in which the markets are looking very likely to be rotating back upwards. Classic sweep of the lows in September, with an immediate response in buying power. If this closes the weekly above $0.60 and consolidates there, I think that we'll have a fast breakout upwards and then I'm targeting the $1.15-1.25 area as a potential next area where this could peak.

The likelihood that #Bitcoin# bottoms here is significant. That would be a great sign for hte markets, and what does happen after that? Yes, #Altcoins# are outperforming Bitcoin, as Bitcoin remains to be stuck in a range for a while and there's more upside to be gained in altcoins. Until Bitcoin starts to show its momentum again and accelerates upwards, that's when you'll see liquidity being sucked back into Bitcoin. That's not the case currently, we'll have our time with altcoins.

I'm massively interested in #ALtcoins#, as this is the level that it should bottom on. It's super simple. The #Altcoin# market capitalization saw its initial push upwards to a new high. That's a sign that we're in a bull market. Great. What's next? A higher low. Where to find that one? Beneath the recent low in the run upwards. That's now done. If this weekly closes above that level, we're likely going to proceed with green candles afterwards. What's the target for coming months? I wouldn't be surprised to see a run towards $1.5T-1.6T as the next target zones, meaning that we'll see 100-200% moves on #Altcoins#.

It's very likely that we'll see new highs for $NEAR in Q4. I've been bearish on $NEAR in the short-term, after it's massive run towards $5+ that it has seen. Now that we've very likely concluded the correction, it's very likely that we'll start to see more momentum coming in. The reason for this is very simple: ➡️ Losing the range took place during the Binance hack and accelerated into price action all the way towards the next level ($3.90, which we've marked earlier). ➡️ You're looking at response at that price level. This was strong, a ton of volume came in. ➡️ After that, $4.20 flipped as support and now it's trying to flip back into the range that it was acting in prior. There are no 100% arguments of the reversal, just yet, but it's on the horizon. We're looking at a clear breakout above $4.60 and then we're of towards new highs. If there's a dip taking place (which could happen, but no to new lows, as this weekly is incredibly strong), I would be betting it. A flip of $4.60 I'd also be interested.

I think that #DeFi# is the biggest bet in the industry. I also think that it's the one that's being overlooked the most. If you're monitoring the recent crash that has happened due to the Binance hack, then there are a certain category of tokens which are waking up. $PENDLE, ethereum:0xec53bf9167f50cdeb3ae105f56099aaab9061f83, $AAVE, $MORPHO, to name a few. All showing massive resilience versus the weakness that we've seen in the markets overall. The type of weekly candles that we're seeing are bottoming signals. I don't think that there's a chance that we'll go much lower, and therefore, you'd want to be placed in the markets in the next narrative. For once, this might be DeFi after all.

I remain to be bullish on $QNT. The recent market correction has pushed prices down a lot, including this one. However, if you're monitoring it from a technical standpoint, it's actually retraced all the way back towards the higher timeframe support zone. In other words: another opportunity of buying this asset, if you will. Now, I've marked the $200 area as a support zone that it needed to hold onto earlier. It didn't, as the entire market corrected. Now, if this $200 area flips, that's when we're going to get into the juicy moves of the markets.

#Bitcoin# looks primed for a break up to $80,000. I've marked these lows yesterday, which were briefly tapped and immediately bounced upwards. Good signs, meaning that it's very likely that we'll start to see runs upwards and tests higher much rather than tests lower. First resistance points: $78,900 and $80,000. If $80,000 flips for support in the coming week, we're out of the woods and this entire 'crash' during the Binance hack has been the strongest price action I've ever seen during such an event. However, if $76,500 doesn't hold, I'm still holding bids at the most obvious level at $75,000, which seems to be region where everyone wants to bid.

It's October the 31st. Shops in Europe have barricaded their shops in fear of large riots and plunders due to the protests today. The moment that the wealth gap becomes so large, and inflation is as high as it is, that stealing goods becomes more valuable than simply working a job, that's when your society is lost. That's what we're seeing in Western Europe. It's sad to see, but honestly, I hope that the riots today will be relatively calm compared to the videos of the last weeks.

#Crypto# markets bottom in heavy liquidations and Black Swan events. Yesterday was an event like that. #Bitcoin# is only down a few percent. #Altcoins#, some, are actually up against $USD and most of them are heavily up against #Bitcoin#. I'm betting heavily on this market and I think that I remain to be strongly bullish. Good times ahead.