source avatarAxel Bitblaze 🪓

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With all this Black Monday talk, i think these few things could completely turn things around for the markets.. $BTC is still above $80K, and these are a few things i’m watching beyond tomorrow’s open: - Oil relief. The IEA has agreed to accelerate the remaining emergency oil release. If that helps bring oil down, it could ease some inflation pressure - Better AI numbers. Meta reports on Oct 21. Strong earnings and clearer returns on AI spending could calm some of the fear around the sector. - A less aggressive Fed. The next meeting is Oct 27–28. If the outlook for further hikes softens, that could give risk assets some breathing room. - Government support for AI is a possible wildcard. i mean 0% interest loans to bail the Ai companies i also think that we could still get another quick rinse first… but yeah, if BTC holds $80K through monday and the next few days, i’d take that as a sign a lot of fear may already be priced in.. im a bit confident on BTC to hold very well through this but alts PA would be interesting next week..

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