IncomeSharks
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Crypto and stock trader focused on fundamental analysis, trend analysis, and swing trading.
Weekly Crypto Recap and Friday Thoughts
Bullish case:
$BTC has seen over $5.3 billion in net inflows
Post halving 4 year cycle still is in play for Q1 of 2026
Money supply is up, still a good hedge against the dollar
$BTC holding above the 200 day EMA
Fear and Greed near all time lows
Bear case:
Fear of historical drawdowns of 70% (although many argue ETFs and liquidity make that less likely)
Decrease chance of December fed rate cuts, down to 53%
Fear of 2026 recession causing some to derisk
Lack of catalysts
News:
Crypto has seen over 1 trillion erased from the total crypto market. It was up 2 trillion since the April lows.
Price broke $100k going as low as $96,000
XRP ETF went live November 13th
96 of the top 100 coins today are red today
US Government is back open
EU regulatory push to centralize crypto oversight
Japan eases up on regulations such as allowing leveraged products for crypto
$LAR - (Lithium stock play) Have been following this one since $LAC. Got through November 10th earnings and it appears to have done well. It's back above the trend line and it's looking more convincing to buy. Especially since we are seeing it green on a day that's red.
I don't think it's something I want to add yet but it's definitely on the top of my watchlist. I think if we can see the market get some optimism and momentum going again I'd feel better riding it back to $5.5.
$LAC seems to keep dropping so might wait to see where that finds support as well to get double confirmation on bidding on $LAR.