☕️ GM Munchers! This is Pip Munch. Can you believe Bitcoin’s flirting with $100K? Suddenly everyone’s a crypto expert—including my barista, who just asked if he should ‘buy the dip’ while handing me my latte.

On today’s menu:

• Bitcoin Approaches $100K 🤑 

• This Kid Made $30,000 From His Own Crypto 🤨 

• Nvidia Stock Starts To Drop 📉 

Bitcoin Continues To Make History 📈 

It’s happening, folks! For the first time in history, $100,000 is within spitting distance on the Bitcoin charts.

And let me tell you—nothing jolts me out of bed faster than checking TradingView and seeing more green than a Christmas tree on steroids. 🎄 

That’s exactly what happened this morning, and wow, what a way to start the day!

But here’s the thing: Whether you trade Bitcoin, HODL it, or couldn’t care less about digital gold, a move like this shakes the entire market.

And I’m here to break down exactly what it means for YOU.

1️⃣ Bitcoin Isn’t a Safe Haven—It’s a Risk-On Beast 🐂

Sure, Bitcoin maximalists love to call it “digital gold” because of its finite supply.

But let’s be real—gold doesn’t rally dozens of percent in a few months. Bitcoin does, and that’s why the broader market still treats it as a risk asset.

What does this mean?

• A ripping Bitcoin rally like this tells us one thing: the market is feeling bullish, and risk appetite is back.

• It’s not just crypto; the S&P 500 is hovering near record highs, too. When sentiment is this strong, you know the tides are turning in favor of the bulls.

The lesson here? 👇️ 

Pay attention to Bitcoin not just as an asset but as a barometer of risk sentiment in the market.

2️⃣ Positioning: Trade Smart, Not Correlated 💡

If you’re chasing maximum pips during this market euphoria, you’ve got to think strategically.

One golden rule: don’t trade highly correlated pairs.

• Why? Correlated pairs (like AUD/NZD or CHF/JPY) don’t offer enough contrast between strength and weakness. They’re like two tired boxers hugging it out instead of fighting. Boring!

• What to do instead: Pair a strong asset (AUD, NZD, CAD) with a weak one (JPY, CHF). That’s where the real opportunities live.

Remember, trading is about exploiting contrasts.

The bigger the gap between the strength of two currencies, the more room you have to rake in those pips.

3️⃣ How Long Will the Party Last? 🥳

Now, here’s the million-dollar question: Can Bitcoin keep climbing, or is this rally running out of steam?

Case in point: MicroStrategy.

• Michael Saylor’s baby is up 116% in the last month. That’s not a stock—it’s a moonshot.

• While Saylor’s conviction is admirable, even the biggest Bitcoin bulls have to admit that this kind of parabolic run can’t last forever. When greed reaches these levels, pullbacks are inevitable.

👉️ Pro tip: Keep an eye on MicroStrategy and other Bitcoin proxies for signs of a potential reversal. They’re often the canaries in the coal mine for broader crypto sentiment.

4️⃣ How We’re Profiting 🚀

Here’s the playbook:

• We’re not buying into the hype.
  When my grandmother starts asking about Bitcoin, I know things are getting a little too hot. FOMO is not a strategy, folks.

• We’re using Bitcoin as a market sentiment gauge.
  When Bitcoin rallies, it’s a “risk-on” signal, meaning commodity currencies (AUD, NZD, CAD) tend to perform well.

My favourite pairs right now:

• AUD/JPY

• NZD/CHF

• CAD/JPY

These setups combine strong risk-on currencies with safe-haven assets, giving you the best shot at riding this wave while the good vibes last.

5️⃣ The Bigger Picture: Stay Nimble 🛠

• Volatility is your friend: This is a trader’s market, but don’t get greedy. Remember, big moves are often followed by sharp reversals.

• Don’t sleep on headlines: Bitcoin approaching $100K is the shiny object, but the real money is in the broader market moves it signals.

The Bottom Line 💬

Bitcoin’s run to $100K is more than just a crypto milestone—it’s a flashing neon sign that risk appetite is alive and kicking.

Use this to your advantage by positioning yourself smartly, trading strong vs. weak assets, and keeping your cool while everyone else chases the hype.

And remember: when the party’s this good, the hangover’s usually right around the corner.

Stay sharp, stay ready, and keep munching those pips. 🚀 

PS: Love these market breakdowns? Join our FREE Skool community and access over $4,000 worth of courses designed to help you pass your first prop firm challenge. Don’t miss out!

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☕️ Pre-Market Fuel

1. This kid just made $30,000 by pumping and dumping his own coin 🤣 

2. Nvidia’s stock dropped 3% due to slow revenue growth.

3. Germany made a huge mistake. 🇩🇪 They lost out on over $1 billion in profit because they sold their Bitcoin at $50K.

🍪 Munchy Memes

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