Government/Countries/State Adoption, A Reserve Currency - Mostly seized and passively gathered. China vs USA, very close. Some countries and states are starting to actively accumulate.
Why has momentum slowed? -ETF outflows, temporary reduction/stagnant flows. The chart below shows outflows all throughout October -BTC is a leading indicator for risk assets, temporary risk off -Macroeconomic uncertainty -Profit-taking -Consolidation
Bitcoin Active Addresses has declined dramatically, as Bitcoin has become mainstream with ETF adoption. No need to buy with a wallet. The more mainstream, the less wallets. This is good and provides price stabilization.
Bitcoin vs Gold - current chart shows a head \& shoulders played out, but current support is showing at these levels and a reversal in Bitcoin's favor could be coming soon.
$ETH $ETHUSD Ethereum - Inverse Head \& Shoulders Price Target: $4955.90 Price is trending to show a large inverse head \& shoulders pattern. Price recently launched higher fomr the volume shelf and is moving to the $3300 volume shelf for a potential launch area. The next target
$NFLX Netflix - Downtrend Channel Price Target: $120 NFLX is potentially bottoming, but would need confirmation with price above $100. Price Target is set at $120 at the volume shelf.
$CIFR Cipher Mining - Retest of Support Price Target: $25.52 CIFR looks to be consolidating above the bull flag and is retesting support near the 618 fib level at $16.48. The next target is $25.52 to challenge previous highs.
$TSLA Tesla - Volume Shelf Launch Area Price Target: $488.54 Golden Ratio Target: 658.05 Huge candle today, price is pushing higher. Any weakness is an opportunity as the trend is higher. Target is set at $488.54 to challenge previous highs.
$RGTI Rigetti Computing - Support at the Trendline Price is gradually moving higher as price found support near $21.42, previous resistance. Fibonacci targets are set at $39.58 at the 50% retrace level and $43.96 at the 618 fib.
$DEFT Defi Technologies - Higher Lows, Potential Bottom is in Price has shown difficulty getting back to $2.19, the price where shares were issued. Looks like major area of volume is there. Target remains at $2.19 at the volume shelf.
$ZETA Zeta Global Holdings - Volume Shelf Support Price Target: $26.60 ZETA looks to have recently bottomed near $16.00 and is moving higher. Price is currently at the volume shelf launch area. The next target is set at $26.60 to challenge February highs.
$OKLO Oklo - Zoom Out for the Trend Long-Term Price Target: $126.73 OKLO looks like general accumulation is occurring over the long-term and price is following the upward channel. Target is set at the 2.618 Golden Ratio, but could take some time to get there.
$IONQ IonQ - Consolidating IONQ looks to be in consolidation between the 618 fib level and $54.74. Higher lows are in place for the last 2 weeks, but looks like there is a downward trendline in place. Needs to be back above $54.74 to move higher.
$NBIS Nebius Group - Strong Area of Support Price Target: $141.10 NBIS looks to be settling at the volume shelf, a strong area of support. The next price target is set at $141.10 to challenge previous highs.
$SOLUSD $SOL Solana - Interesting Possibilities Price Target: $195 SOL is at a large volume shelf and has broken out of the steep selloff pattern. Possible launch area and potential bottom in place. The next target is set at $195 at the 50% retrace level. 618 Fib Level = $218
$BTQ BTQ Technologies - Minor Breakdown Price Targets: $7, $12 Looks like a minor breakdown below the descending wedge. This could be a temporary move, but price needs to find support near $6.50. If price moves up, $7 could provide a launch area, then the next target is $12 at
$HOOD Robinhood - Descending Wedge Pattern Price Target: $153.86 HOOD continues to consolidate in a descending wedge. This could take some time to resolve as the wedge has some additional room to consolidate. Current support is near $120. The next target is set at $153.86 to
$IREN IREN - Potential Support at $40, Higher Lows Price Target: $74.15 IREN has been following a downward trendline, but potentially has found support near $40. Todays price is a higher low. A break above $44, could get this moving to the upside. The next target remains at