AS PROMISED TO YOU TODAY, I WILL SHARE A PERSONAL VIEW OF THE MARKET IN THE NEXT TIME (ALL ARE PERSONAL VIEWS, EACH ITEM HAS AN IF AND THEN SO PLEASE PLEASE TAKE ATTENTION AND NOT COMPLETELY ENTER):
I. ABOUT BTC PRICE
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BTC
At this stage, I assess the recovery will be around $29,400 - $30,500, then create a Head and Shoulders model and adjust to the $17,600 area. You can see the pictures to see the progress of the recovery period. This will be the reason for creating an altcoin bottom in the late 2023 to early 2024 period. If the price breaks through $32,500, we will sit back and watch again.
II. ABOUT DOM BTC
- As you can see in the photo, this week Dom will work on altcoins when profits are stagnant, but when Dom breaks through 48.6%, you can dream of a few weeks of strong market recovery. BREAK THROUGH 52% AND STOP DREAMING
III. TOTAL MKC
This is the entire market capitalization: You can dream about capitalization reaching 1.25T again. However, I personally believe that this recovery is not sustainable and could create a double top pattern
IV. TOTAL3 This is the main capitalization of Altcoin representing Altcoin Season. In this chart, I am expecting a profit-taking correction this week or next week for MM to be around 10-20B and then recover to the 430B area. This is the point where you should consider taking profits because I personally think there will be a deep correction of Alt when Total 3 falls from 430B to the 90 - 120B area <= This is also the area where I will choose a few projects. potential to buy throw away account delete.
SO IN OVERVIEW, I think 2024 will be 2019 of the previous cycle and the bull season will start in 2025.
IF YOU HAVE ANY OPINIONS, PLEASE COMMENT BELOW. IF IT FEELS REASONABLE, SHARE. WILL UPDATE IN NEXT ARTICLES!
I. ABOUT BTC PRICE
-
BTC
At this stage, I assess the recovery will be around $29,400 - $30,500, then create a Head and Shoulders model and adjust to the $17,600 area. You can see the pictures to see the progress of the recovery period. This will be the reason for creating an altcoin bottom in the late 2023 to early 2024 period. If the price breaks through $32,500, we will sit back and watch again. II. ABOUT DOM BTC
- As you can see in the photo, this week Dom will work on altcoins when profits are stagnant, but when Dom breaks through 48.6%, you can dream of a few weeks of strong market recovery. BREAK THROUGH 52% AND STOP DREAMING
III. TOTAL MKC
This is the entire market capitalization: You can dream about capitalization reaching 1.25T again. However, I personally believe that this recovery is not sustainable and could create a double top pattern
IV. TOTAL3 This is the main capitalization of Altcoin representing Altcoin Season. In this chart, I am expecting a profit-taking correction this week or next week for MM to be around 10-20B and then recover to the 430B area. This is the point where you should consider taking profits because I personally think there will be a deep correction of Alt when Total 3 falls from 430B to the 90 - 120B area <= This is also the area where I will choose a few projects. potential to buy throw away account delete.
SO IN OVERVIEW, I think 2024 will be 2019 of the previous cycle and the bull season will start in 2025.
IF YOU HAVE ANY OPINIONS, PLEASE COMMENT BELOW. IF IT FEELS REASONABLE, SHARE. WILL UPDATE IN NEXT ARTICLES!