Here we have the 30 and 90 week moving averages. In the past two bull markets when these crossed bullish we were up for some gains. If we dont have a black swan event we should hold the 30 week MA from now until the end of the cycle, aka sometime in 2025.
Absolutely nothing special is happening in this cycle time wise. The bottom came in as it was supposed to. The halving is around the corner and we pumped off the bottom as we were supposed to. Now we are probably going to pump for the next year and a half as we are supposed to. We might actually get surprised to the up side this time and we might have a better the...
IF ICP gets to what Solana MC was last cycle top aka 77B, its going be worth 170 dollars. Plot twist, half of the ICP supply is currently staked/locked or in other words can not be sold. Second plot twist with all of the wall street money coming in crypto this cycle, what if the total MC surprises everyone and gets to something crazy like FWB:14T ? Im just...
The GBTC funds have a few more days of selling before they run out of BTC to sell after which some of the money will move to the cheaper ETFs. Its one thing to pay 2.5% fees every year, its another to pay 0.3%. BTC is handling the selling pretty good. It might actually hold that 35 - 40k level. If it does it will be extremely bullish and we can resume our regular...
Fk it ill brag on these traders because i can. I started deploying capital in crypto Oct 2022. When ordinals came out that was the easiest play in my life. I found about ordinals in march 2023 and immediately knew at some point we will have an ordinals season. And i immediately knew that BTC and ETH layer 2s would be more important then ever. In 2023 I made...
We are at that part of the cycle where most solid alts have bounced nicely off of their cycle bottoms, but the real fireworks in alts will start after the halving. Up to this point we had an Ordinal season, but not a general alt season. People who were buying in the bottoming year of the cycle aka 2023 will have been waiting a lot longer for their gains then the...
Its easy to make a sht load of money in crypto. Just buy solid projects near the cycle bottom and sell them near the cycle top. You dont have to do anything else. Sounds easy doesnt it?
A 30% correction from 49k would bring us down to around 34k. And that would be totally normal. If you are scared of 30% corrections in crypto its not for you. Just be prepared for this to be the local high for the next 6 months. Cash out some profits if you need cash... Just to be safe.
I have this level drawn for like forever. If we look at the previous cycles we have a high chance of a 30% pullback from 49k. Nothing is for sure but i cashed out 10% of my crypto yesterday just for a peace of mind.
A reality check. Nothing in crypto is decentralized. I call it decentralization theater so some people can sell you a narrative. Its either centralized on the coin holder level or on the network level or both. There is nothing in crypto that has a decentralized network and coin ownership. And this is totally normal. If there is no centralization nothing will ever...
People who hodl a portfolio of solid crypto projects will outperform the so called traders in 99% of the time. If you accumulated crypto in 2023 because you were following the crypto cycle and ignoring all the fud and noise that is constantly pushed by crypto twitter and youtube you are now sitting pretty. While people that use leverage, stop losses and are...
Lets play a game with some valuations for 2025 on ICP. Keep in mind this is my personal opinion. - Conservative case: The total crypto MC gets to 5 Trillion this cycle. ICP captures 2% market dominance. This equals to 100B MC for ICP. This is 17.9x from current price. ICP price = 210$. - Base case: The total crypto MC gets to 7 Trillion this cycle. ICP...
For context i told some of my friend group that the place to be is crypto and 4 of them got in to it. I told them, dont trade, invest in the coins you believe in with small sums relative to your net worth and follow the crypto cycle to navigate when to buy and when to sell. Why do they never listen? Last cycle 1 of them leverage chased alt pumps and lost...
We have a reliable cycle going on in crypto. 12 - 18 months after the halving a bull market. After which we have a year of down only and a 1 - 2 years of bottoming. I dont know how exactly it will play out but if it rhymes i am making an educated guess that we should have our cycle top sometime in 2025. Im fully positioned for that. People who are trying to...
Its suicide to sell your crypto 4 months before the halving and before the ETFs get approved. At this stage of the cycle you hodle. You dont fomo and you dont panic sell. Let the leveraged monkeys play their liquidation games. Im not gambling right before the entire market does a 6 - 7x in the span of 2 years.
From first glance the next level looks 25 - 30 dollars to me. We are about to break this range soon. Im watching twitter and most people are predicting 100 - 150 dolars link, which will align with last bull market tops of some coins that reached around 100B MC, but i think people are underestimating how much money can flow in the market after the ETFs. Why...
I am in the opinion that we are in a pre bull market in general in crypto, so im looking for bullish patterns. I spotted a so called "Descending broadening wedge" on the 6h chart. If this pattern were to play out we should reach between 13 - 14 dollars before the next local resistance level. The market isnt going to make it easy if you are a trader, thats why...
If you pick a quality project like ICP and you buy it at the bottom of the bear market it is very important to be locked/ staked for the bull market, because when it pumps your monkey brain is always going to be thinking about trading it. I bet you there are a lot of people that are selling their ICP at 10 dollars right now that are going to regret it in a month...