4/19 lows should be bottom of this dip. Next few weeks should see some consolidation between 2.1T and 2.4T, before breaking through 2.4T and 2.6T resitance through potential bullish catalysts in May such as the ETH ETF and Fed rate cut plans.
A decrease in total value is a sign of withdrawal of funds from the crypto market, and as a result, as the value of the crypto market decreases, the price of all coins also decreases. And in future posts, I will show you the right time and place to enter a short trade on all coins. fri 12 apr '24 20:30! fri 12 apr '24 20:30! fri 12 apr '24 20:30! fri 12 apr '24 20:30!
we've been consolidated between the 0.618-0.786 of the bear market for a couple months now. the bitcoin halving was a couple days ago. feels like it's time to make fresh highs soon. i think $4-5T is a good initial target.
Last week in the news Higher for longer was for one more time rhetoric which influenced market sentiment during the previous week. In expectation of less rate cuts during this year, the US equities entered into the correction mode, with the S&P 500 ending the week at level of 4.967. The US Treasuries had another relatively strong week, where 10Y benchmark...
While Bitcoin rose to new all-time highs this year, many altcoins seem to lag behind it, showing a somewhat similar dynamic to that observed between large-cap and small-cap stocks (where large and well-established companies managed to recover in the past year or so while their smaller counterparts have been struggling). In addition to that, it is often overlooked...
the 2021 bull market took us to the 4:1 fib extension of the 2018 bear market. if a similar thing plays out this cycle, we should end up around $10T by the end of 2025.
Looking at TOTAL chart in 1H timeframe, it's possible that a rising wedge pattern is being formed. if confirmed, market can dump a little for a couple of days. in case the pattern fails and TOTAL crosses above the resistance zone, the current pump in the market shall continue with a better momentum.
This is something I am seeing so many people asking and the only Answer is, "It is impossible to say jsut yet. Historically, if we look at the BTC.Dominacne Chart below, we can see that, on average, iit is around 200 days after Halving that we see ALTS seasons. This does not follow that Bitcoin outperform all ALTS however and it is worth noting that Just...
How Memes and Hype Signal a Risky Market The meteoric rise of Bitcoin and other cryptocurrencies has captured the imagination of investors and the public alike. But amidst the excitement, a crucial question lingers: how do we identify when the market might be overheating? Traditionally, analysts have relied on technical indicators and economic data. However, the...
we can see two head and shoulder and its a bad idea for markets
Previous analysis on TOTAL was indeed on point (check April 22 post) and TOTAL faced heavy rejection from the indicated level and the majority of the coins have been dumping the past couple of days. We believe TOTAL can drop further and hit 2.235T zone. if that level can't hold, the subsequent dump will probably be heavier!
➖ Yesterday TOTAL closed above EMA50; support holds. ➖ Today, TOTAL broke below EMA50 on high volume; support breaks. Chart signals ➖ EMA50 is a medium-term moving average, which for us means a time duration between 1-3 months. ➖ Breaking below EMA50 opens up the possibility for the TOTAL index to drop medium-term, i.e. 1-3 months. ➖ A positive signal is the...
The total cryptocurrency market is at a critical juncture, with the support level of $2.17 trillion under threat. Should this support break, we anticipate a potential decline to around $1.8 trillion. Given the current geopolitical situation, the associated risks are heightened, making any long positions particularly precarious. It is advisable for investors to...
On the appearch of the TOTAL crypto chart the 10 day moving average and the 50 day moving average are crossing. The 10 day line is crossing over the 50 day, as in going under.
Gm, the cycle heatmap says we are still early. This idea is purely based on the 4 year boom and bust cycle theory. We expect btc to bottom about 1 year before the halving and top at least 6 months but probably 9-18 months after the halving. So I adapt this theory to the total market cap and estimate a conservative 50% btc dominance to get an idea of the total...
Last week in the news Inflation fears are for one more time those to shape investors confidence. Posted US inflation data during the previous week, impacted negative sentiment on the market, and made US Treasury yields move to the higher grounds, while US equities were pushed to the downside. For one more week in a row geopolitical risks were pushing the price of...
This week we need to close above last weekly candle for bullish momentum, if not this week than next week must close above this weekly candle wick. We will updated soon
Just an update post pre-halving KeKers' scamming FUD... rekt already! Same narrative. Booting out fiats. #SySytem_Web3_Alternative_Intelligence taking control. Did you DYOR for real this time around or did you just dismissed all of this as insanity once again? Please refere to my main manifesto dated February 18th, 2024 to catch up from here. Just adding on...