Devon Toogood
Hi everyone, I’m pleased to share that I’ve now been upgraded to Elite Popular Investor on eToro. Thank you to all my copiers for the continued support , this milestone reflects the strong long-term results we’ve achieved together. I now believe the crypto market cycle has topped, with $BTC reaching $126,080 on 7 October 2025. I began accumulating Bitcoin in 2022, and long-time copiers have seen returns of several hundred percent from those early entries. On 11 October, I added $ETH to the portfolio with the expectation of one last Q4 push. My thesis was that either Bitcoin would break to new all-time highs and ETH would potentially double, or Bitcoin would lose the 50-week SMA signalling the end of the bull market. The second scenario is now playing out. Given that risk-reward profile, it was a trade I was comfortable taking, and if presented with the same setup again, I would have made the same decision. Because of this, I will be looking to exit both BTC and ETH on a counter-trend rally toward key levels. Historically, early bear markets offer rallies back toward the 50-week SMA (~$102K) or the 200-day SMA (~$107K). When that occurs, I plan to offload most, if not all, of the portfolio’s crypto exposure. After exiting, my plan is to re-enter Bitcoin near the 200-week SMA (currently around $56K), which has historically been the best long-term accumulation zone. I expect meaningful opportunities to arise in the second half of 2026. Crypto has been a strong performer for us over the last few years, but respecting cycle dynamics is key to protecting gains and positioning for the next major move. I’ll keep you updated as things progress. Thanks again for your support, Devon
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