With Bitcoin at New Highs, Is Now the Time to Buy or Brace for a Pullback?

[] Join me at 9:15 a.m. ET for “Morning Monster”! [] [] [] [Join Roger and I LIVE at 1 p.m. ET for the most bullish season of the year — which begins Friday!]( With Bitcoin at New Highs, Is Now the Time to Buy or Brace for a Pullback, or March to $80K? Amazon (AMZN) has earnings after the close today, Apple (AAPL), too… Plus preliminary PCE for September! Will this result in a pop, or do we keep churning, waiting for the U.S. election and FOMC next week? [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — With Bitcoin at New Highs, Is Now the Time to Buy or Brace for a Pullback, or March to $80K? Bitcoin is near all-time highs, placing it in the spotlight once again — futures actually hit a new high by a slim $120 margin. And now traders are wondering if it’s just a spike, or if there’s more juice in the tank for a sustained rally. Let’s break down the levels, risks and probabilities. The high was hit on the Bitcoin futures chart, reaching $74,365, surpassing the last high by just a hair. Now, this slight push higher could go one of two ways... We may see a retracement back to test recent support, or this level could serve as a springboard for a move that pushes Bitcoin into new territory. With such a tight margin on the new high, we can expect some churn and consolidation before any decisive breakout or pullback. Looking at the near-term setup, there’s potential for a retest that could give Bitcoin room to build a stronger base before an upward extension. But the magic number I’m watching? The $80,000 level. That’s the next real ceiling if we can gather enough momentum and buyers. This setup has echoes of past runs where Bitcoin makes the initial move, takes a breather, and then rallies hard. But here’s the cautionary side of things... After any new high, a retracement is likely — especially in a market as volatile as crypto. Bitcoin tends to test and retest levels, and it’s essential to watch for breakdowns that could pull it back before any larger trend forms. If we slip below $72,000, expect a potential slide lower, where Bitcoin would likely settle into a range, perhaps around $68,000, to regroup for another attempt. While Bitcoin itself is leading the pack, other cryptos are trying to catch up. Ethereum, for instance, has shown solid progress building toward that $3,000 level. Once it clears that, we could see it run to even higher levels around $5,900, though it’s still lagging behind Bitcoin for now. In the broader sense, Bitcoin hitting this high is bullish, but remember… Nothing moves in a straight line. As with any asset, there will be retracements and resting periods. So, while $80,000 is on my radar, we need to watch for the signs of a healthy build-up to that number rather than chasing a parabolic spike. Keep an eye on those key support zones, and as always, don’t let FOMO cloud your strategy. Today’s Daily Chart Setup: CBIZ (CBZ) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. • CBZ is a new potential entry. Target: 75.81 Stop below: 61.66 • CBZ has a historical win rate of 93.33% • CBZ has a profit factor of 8.841 • CBZ trades last 186 trading days on average over 15 trades since 1995. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] _____________________________________________________ [] The Best Seasonal Period for Stocks Is About to Begin… You've heard of "Sell in May and go away," right? Well, Halloween flips that script! Check out this chart from Bloomberg. It's a hard look at the past 50 years of stock market data. And guess what? Almost all the gains? They happen between Nov. 1 and April 30. That's right... Tomorrow isn't just about costumes and candy — it's the kickoff to what could be the most [“killer” season for anyone with skin in the stock market.]( Can we guarantee what the market will do next? Absolutely not. No one can. So we can’t promise returns or prevent losses. But if history's any guide, and if you're looking to play the odds… Roger Scott and I are going LIVE today at 1 p.m. ET today… And we’ll be LIVE trading the “Halloween Effect” so you can see how we approach this window of opportunity… along with the stocks we’re following. [We’ll See You at 1 O’clock!]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] [Join Roger and I LIVE at 1 p.m. ET for the most bullish season of the year — which begins Friday!]( With Bitcoin at New Highs, Is Now the Time to Buy or Brace for a Pullback, or March to $80K? Amazon (AMZN) has earnings after the close today, Apple (AAPL), too… Plus preliminary PCE for September! Will this result in a pop, or do we keep churning, waiting for the U.S. election and FOMC next week? [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — With Bitcoin at New Highs, Is Now the Time to Buy or Brace for a Pullback, or March to $80K? Bitcoin is near all-time highs, placing it in the spotlight once again — futures actually hit a new high by a slim $120 margin. And now traders are wondering if it’s just a spike, or if there’s more juice in the tank for a sustained rally. Let’s break down the levels, risks and probabilities. The high was hit on the Bitcoin futures chart, reaching $74,365, surpassing the last high by just a hair. Now, this slight push higher could go one of two ways... We may see a retracement back to test recent support, or this level could serve as a springboard for a move that pushes Bitcoin into new territory. With such a tight margin on the new high, we can expect some churn and consolidation before any decisive breakout or pullback. Looking at the near-term setup, there’s potential for a retest that could give Bitcoin room to build a stronger base before an upward extension. But the magic number I’m watching? The $80,000 level. That’s the next real ceiling if we can gather enough momentum and buyers. This setup has echoes of past runs where Bitcoin makes the initial move, takes a breather, and then rallies hard. But here’s the cautionary side of things... After any new high, a retracement is likely — especially in a market as volatile as crypto. Bitcoin tends to test and retest levels, and it’s essential to watch for breakdowns that could pull it back before any larger trend forms. If we slip below $72,000, expect a potential slide lower, where Bitcoin would likely settle into a range, perhaps around $68,000, to regroup for another attempt. While Bitcoin itself is leading the pack, other cryptos are trying to catch up. Ethereum, for instance, has shown solid progress building toward that $3,000 level. Once it clears that, we could see it run to even higher levels around $5,900, though it’s still lagging behind Bitcoin for now. In the broader sense, Bitcoin hitting this high is bullish, but remember… Nothing moves in a straight line. As with any asset, there will be retracements and resting periods. So, while $80,000 is on my radar, we need to watch for the signs of a healthy build-up to that number rather than chasing a parabolic spike. Keep an eye on those key support zones, and as always, don’t let FOMO cloud your strategy. Today’s Daily Chart Setup: CBIZ (CBZ) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. - CBZ is a new potential entry. Target: 75.81 Stop below: 61.66 - CBZ has a historical win rate of 93.33% - CBZ has a profit factor of 8.841 - CBZ trades last 186 trading days on average over 15 trades since 1995. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] _____________________________________________________ [] The Best Seasonal Period for Stocks Is About to Begin… You've heard of "Sell in May and go away," right? Well, Halloween flips that script! Check out this chart from Bloomberg. It's a hard look at the past 50 years of stock market data. And guess what? Almost all the gains? They happen between Nov. 1 and April 30. That's right... Tomorrow isn't just about costumes and candy — it's the kickoff to what could be the most [“killer” season for anyone with skin in the stock market.]( Can we guarantee what the market will do next? Absolutely not. No one can. So we can’t promise returns or prevent losses. But if history's any guide, and if you're looking to play the odds… Roger Scott and I are going LIVE today at 1 p.m. ET today… And we’ll be LIVE trading the “Halloween Effect” so you can see how we approach this window of opportunity… along with the stocks we’re following. [We’ll See You at 1 O’clock!]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](