"Scared money don't make no money." As a former athlete who's seen the financial pitfalls too many of my peers have fallen into, I'm taking control of my financial future. I recently fired my financial advisor in favor of forging my own path focused on creating generational wealth, not just conserving wealth. No more handing my hard-earned money off to advisors. I'm building my own team, investing in assets I believe in - bitcoin, energy, compute. This newsletter will chronicle my journey to financial freedom on my own terms, framed to build the culture I want to see in the world.

There are some athletes who have done it right - like Junior Bridgeman, Magic Johnson, and Roger Staubach. They took control of their financial futures and built impressive business empires. I aim to follow in their footsteps as the next generation of smart athlete-investors.

There will certainly be wins and losses along the way, but I'm playing the long game. I've seen too many athletes lose everything by not being strategic with their money. I won't let that happen to me. The road ahead will be a rollercoaster ride, but with a solid financial plan and investments in assets I believe have real potential, I'm confident I can build true generational wealth for my family.

This is my journey. Come along for the ride if you want an unfiltered, real look at an athlete taking charge of his financial future. Just remember - this is not financial advice. It's the story of me betting on myself and my vision of the future. Scared money don't make no money, and I'm determined to make smart money.

Disclaimer: The information provided in this newsletter is for educational and informational purposes only. It should not be construed as financial advice or a recommendation to buy, sell, or hold any financial instruments.

Technical Analysis

Weekly View

Horizontal Levels

Bitcoin has retraced after the price rejected the 31.5K level.

Daily View

Support and Resistance Zones

Bitcoin has been trading between the two horizontal zones. Bitcoin retraced after testing the 30K zone twice.

Fibonacci Retracement

Looking at the Fib retracements of the previous move. we find that the 0.382 Fib level is at the same level of the support zone. If price breaks this level the next support levels would be the 0.5 & 0.618 Fib retracements.

Ichimoku

Bitcoin started an uptrend after it broke the Ichimoku cloud at the start of this year. The cloud acted as support twice for the uptrend, then the cloud was broken and a downtrend started. Recently, price acted to a bullish divergence and spiked up to test the Tenkan line, then rejected from it and retraced and started moving sideways.

Macro View

Bollinger Bands Width Cycle

Bollinger Bands are a measure of volatility. The width of the bands indicate the level of volatility. Looking historically at the width of the Bollinger Bands, we see periods of contraction followed by periods of expansion in Bitcoin Volatility.
Currently, we are at a historically low volatility period (contraction), and a higher volatility move (expansion) is expected.

Market Statistics