Alexander Lorenzo breaks down crypto market signals ahead of a potential bull run. Bitcoin faces resistance around $79K-$80K, and he predicts possible sideways trading through an October 20 bottom. He warns to trim risk, stick to core coins, and ignore the hype.
Is the market like over with right now? We're going to the moon now. I think it's very interesting that we have Trump talking about hyperliquid and the fact that the DTCC is actually going full scale in October. What's interesting about all that is if you guys have been with us for a while from the previous live Q&As, the bottom blueprint predicts the bottom to be October 20th. So that's insane. This prediction had nothing to do with the stock market clearinghouse. Like we didn't, we didn't take that in consideration at all with this. So what the heck is going on, right? What the heck is going on is basically the gist here. Trump is like pumping the market. Now from a technical analysis perspective, if we take a brief look, could we have a situation where we reject off of this point of resistance, which is $79,000, $80K, and make our way back down? Is that possible? Yes, it's possible. It's possible. So this is where risk management comes into play. Is the market like over with right now? We're going to the moon now. Like, never fall for that. There could be situations where it could be like, okay, it doesn't even go all the way back down. Maybe it can just trade sideways for a while till like, you know, beginning of next year. It could maybe do something like, like, like this as well, which we kind of came back to the same level. Can it come back a third time down? It can. So again, I think what I guess after consulting with Jesse and us going back and forth, I think the best thing we could possibly do right now is it's a great opportunity to recalibrate the portfolio, right? Maybe it's time to take some risk off the table if you feel like you've been gambling. And so get into the meat of your coins. Don't just hold it because you think bull market's starting now. Don't do that. That is a foolish decision, right? And then at the same time, why don't you get into altcoins that you now believe more in? My official opinion is to just be very blunt is I'm not going to get finessed. I am not going to get finessed by overhype. I'm going to treat it the way I said it originally. Nothing has changed from the last time we had the live Q&A. What did we say? It's going to chop sideways until October. Just because the price went up, it doesn't mean that we're in a full-on bull market. I'm going to say I'm going to stay disciplined to my original theory unless there's a fundamental thing in my theory that changes. That's the difference between hype and social media news and price increase feel-good versus discipline. It's a massive difference. My theory has not changed structurally.
