October Market Update

Simon's October Market Update looks at where Bitcoin and the broader crypto market sit now that the bull market appears to be back on. Bitcoin is holding above its 50-week moving average and altcoins are starting to move, even though macro conditions remain negative. The core view is that a period of consolidation or a healthy pullback is likely before the next leg higher, and that the next three months may be a key positioning window. Easing geopolitical, political and regulatory uncertainty could add further fuel to the move. Members can watch the full video and read the complete key takeaways on how we are thinking about the cycle and when the focus should shift toward taking profits.