Did you notice? Starting September 12th #bitcoin has completely decoupled from risk assets (QQQ & SPX) and is now correlated with Gold and Oil. Leaving aside the 16th October move - which was likely due to the ETF approval expectations - the new up trend after that is much more interesting because it is not connected to any particular market news. This is an healthy up move towards the average realized price of $ 32.000 which is the next resistance level as mentioned in this Note

https://primal.net/e/note1kal868upa8dpw5lmqtguznzlu6rxun7wcvrgw6cl2xjvh263dxfq97geqd

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