Bitcoin just had its second-highest ETF inflows ever - a major bullish sign. In his weekly market update, Josh explains why this could drive BTC higher through October and shares what he’s watching across ETH, alts, and legacy markets.
Key takeaways from Josh’s outlook
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Bitcoin ETF flows were quietly huge last week, signaling strong institutional demand. Josh expects these inflows to continue through October and possibly into November.
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BTC’s technicals remain bullish - price is above the cloud, with strong momentum and a clear setup targeting $140K–$160K.
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Ethereum is lagging but has potential - flows are decent, but Josh prefers to wait for stronger signals before rotating from BTC into ETH.
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Most altcoins still look weak - he recommends focusing on majors and only rotating into altcoins when setups confirm. Some names like Beam and Aptos look promising, but most alts are not ready.
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Macro equities (MAG 7) show mixed signals - some big tech stocks are weakening, which could affect overall risk appetite.
Final takeaway
Josh remains bullish on BTC with more upside likely. ETH and alts may follow later, but for now, he’s staying focused on high-conviction setups and letting charts guide the way.
