Despite fears of a “red October,” Ivan argues Bitcoin is still on track for a bullish Q4. He says most traders panicking now risk missing the move higher.
-
Outlook: Ivan stays bullish, pointing to October’s strong seasonality. He warns a red October would be concerning, but expects a green one instead.
-
His updated Money Line indicator now flips bearish only if BTC closes below $96K, giving the market more room for volatility without breaking the cycle.
-
He sees September weakness and lower highs as normal pre-rally patterns from past cycles.
-
Altcoin focus: Aster is surging with CZ’s backing, challenging Hyperliquid. Ivan trimmed his HYPE allocation but remains exposed to both. Avalanche and AI plays like ZeroG are also gaining traction.
-
Macro note: ETF flows show institutions acting like retail, buying pumps and selling dips, so he doesn’t see them preventing a future bear market.
-
Risks: If Bitcoin fails to rally through October and breaks under $96K, Ivan says the bull case would weaken.
Bottom line: Ivan expects October to surprise traders to the upside, keeping the four-year cycle intact and setting the stage for altcoin momentum later in Q4.
