🚨 Guys, I know most of you enter my trades during live streams, but sometimes I trade when I’m away from my computer and can’t go live.
In those situations, the very first place where I post my positions is my NoPalapala Only Trading chat 👀
The chat costs just $1.69 not because I’m trying to make money from it, but simply to keep out spammers and scammers. (And if you’ve ever used free Binance chats, you know exactly what I’m talking about 😅)
🔥 My $ALLO trade was posted there first.
And not just $ALLO - I post all my trades there whenever I’m not live, and even when I am live.
The point is simple: this chat is the one place where you can always catch my positions, because posting a trade there takes me just a few seconds.
If you want real-time updates on my entries, exits, averaging, stop-loss adjustments, and profit-taking, join the chat below 👇
📈 US stock indices closed the week at record highs. Unexpectedly, this is making me more bullish on $BTC over the medium and long term.
Right now, I believe Bitcoin is undervalued relative to the stock market. ❓Why is this interesting?
US equities continue to print new all-time highs, while the crypto market has gone through a significant correction in recent weeks. The interesting part is that both stocks and crypto are traditionally considered risk assets.
So why is the US stock market still rallying?
🤖 First, the AI boom is still alive and well. AI-related companies continue to be the main force pushing US indices higher. Just a few years ago, many people called it a bubble - yet that "bubble" still shows no signs of bursting. 💰 Second, buybacks. Corporations continue to repurchase their own shares, creating additional demand and supporting valuations.
🛢 Third, the energy sector remains strong thanks to elevated oil prices. Following Trump's tough stance on Iran, US oil companies have become some of the biggest beneficiaries of the current environment.
😎 As for Bitcoin and crypto: I think the market will eventually see a sharp move higher. It just needs a catalyst. Possible triggers include: • a resolution of the Iran-related conflict; • lower inflation expectations; • additional Bitcoin reserve purchases; • monetary easing; • a new wave of liquidity ahead of the US elections.
🚀 My personal view is that crypto still has a good chance to move significantly higher before the US elections on November 3.
And that's coming from someone who has been relatively bearish on crypto for most of the past few months.