il Capo of Crypto TA [OFFICIAL]

Swing pivot played out so far. Price went down 8% since that post. This showed a peak in interest. Clear sentiment spike after the move from low 60ks. This usually marks tops/bottoms. Even if it makes a last swing high as expected, the swing pivot idea is still very valid, forming divergence. https://x.com/CryptoCapo_/status/2108468648495210815?s=20

This is how it would look for BTC.

Eyes on $88k-90k for the local top.

LTF idea.

We could see a very last move towards $88k-89k before full reversal. In any case, the view remains that every move over $80k is a bull trap, and we should see a retracement towards $60k levels again, with alts dropping 30%-50%. This should happen in October.

“True patience comes from knowing that temporary struggles do not define an eternal purpose.” Have a good weekend.

$BTC - Zoomed out Once again, confirmation below $80k.

$ETH also seems to be missing a last push to $2,800s. But the HTF idea is the same. https://x.com/CryptoCapo_/status/2103447847979098358

Not ruling out a last push to $85k-87k, but this looks like LTF distribution. Bearish confirmation below $80k. Let's see what this week brings.

As mentioned on X, I'm starting to hedge. This week should be interesting.

Have a good wekeend.

#USOIL update Bounced from support and reclaimed resistance. Very good read of this asset. Not sure why Trump says oil prices will come down ''soon''. So far it looks bullish. I expect a move up, likely caused by geopolitical escalation, and then a potential deal before or around midterm elections (November 3rd). That's when oil prices could start going down, but not just yet, or at least it doesn't seem so.

Seeing some decent retracements already, all over the crypto market. High probability local highs are in. We could now see an LTF bounce towards $85k, but then down again. Bull trap confirmation (trend change) once $BTC goes below $80k. The expected target would be $65k-70k. Lower for alts, which could drop 30%-50%. Some would make new swing lows, others wouldn't.

Some more confluence for a swing pivot.

$BTC

GM Staying cautious here.

''In a world full of darkness, be a light'' Have a good weekend.

ETH