The Weekly chart of Bitcoin shows more downside likely based on TSI and RSI. My best guess here is we push to $70k in November. So we're still in a 'wait and see' phase, but looking for a solid bounce opportunity in the coming weeks.

Bitcoin failed to put in a higher low and now has a confirmed lower high. Thick sell block above, and smaller buy block below. So anything can happen here. I won't be Bullish on Bitcoin until and unless it breaks and holds above $88k and the sell blocks get taken out. Since crypto follows Bitcoin, we're in a waiting game and no need to rush trades. To watch me unpack this LIVE tomorrow in our M3 Inner Circle weekly class join here: www.moonstreamfinance.com/m3 (Two Weeks Free)

Hey everyone, here's a quick recap of today's M3 members video update. I went back to a study we did a year ago on the five-day Gaussian channel. It's a lesser-known indicator, and it has given us good clues before. How it usually plays out • Price tops, then falls back into the red zone ("the quicksand"). • A break below the lower band flips the channel red, that level becomes resistance, and drops of 50–60% have followed. • On the recovery, price usually stalls at the midpoint, breaks through, retests, and then runs. Where BTC is now • We didn't get the 50–60% drop this time. 48K is still possible, but it hasn't happened. • Price was rejected at the midpoint and has now pushed up to the upper band. • We're not bullish yet. We need a five-day close above 88K. That's where I'd say the bottom is in and the recovery is underway. • A retest of the channel midline as support would be a healthy sign. • Cycle analysis is looking for a daily/weekly cycle low sometime this week. What this means for us • This is a good time to sit on the sidelines. No FOMO, but be ready, because a breakout above 88K could take a single candle. • Don't chase. Breakouts can turn out to be fakeouts. • I've set an alert at 88K. The indicator's built-in channel alerts aren't working correctly, so I'm using price. • We're not going to flip-flop, but new information means a new decision. It's starting to look like a bottom is forming, but we'll confirm it before we act. I'll keep you posted. For daily updates, a LIVE weekly class, trade alerts and more join M3 for Two Weeks Free https://www.moonstreamfinance.com/M3 Educational content only, not financial advice.

Here's a sneak peek of what my video updates look like in the M3 Inner Circle https://www.loom.com/share/c238fa01226d4e2187b992e847f8d9e5 Markets are still indecisive. Bitcoin could go either way here, after failing to hold the important $85k level. So the buyers seem exhausted, and the Bears may be in control (for now). I recommend caution here, but give some possible coin picks to buy soon in the video above. Want more videos like this, plus DAILY updates in Signal app and 24 x 7 chat access to me? Check out M3 Active Trader / Inner Circle (and Get Two Weeks Free) here: https://www.moonstreamfinance.com/M3

Is Uptober finally here? Is a Bitcoin breakout finally happening, or is this another bull-trap? Watch the NEW video here: https://www.youtube.com/watch?v=32EKFAL2HiY Master your crypto trading charts with precise technical analysis, a NEW decision framework for crypto investing using superior crypto signals and trading indicators for better entries. Join M3 Group Coaching NOW For 2 - Weeks FREE http://www.moonstreamfinance.com/m3