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Bitcoin has seen about a 15% selloff following a 80% move to the upside after the end of the mid-cycle correction. It may seem like the sky is falling, but a confirmation of the bull market support band is a good thing. We have a few positive metrics coming up, including a potential golden cross in a few weeks, the Bitcoin taproot upgrade, ADA smart contracts, ETH...

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September is typically a bearish month for Bitcoin and yet again, it lives up to its reputation. A huge sudden correction with no real FUD is scary, but ultimately healthy and something I called for a few times a few weeks ago. We saw a similar move in September 2020 just before a 6X move to 60,000 in February. In the parabolic run of 2017 (the blue lines) we...

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We are looking for a short target of $43,000 before bouncing off strong support. This is not the start of a bear market but rather a correction where lots of people took profits after hitting $50,000. The red line marks the downwards sell pressure. Bulls have staged some rallies but nothing managed to stick or clearly break through the red trendline. We are still...

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Bitcoin is currently bouncing off support after yesterday's 3% downtrend and is about 1% up for the day. Red days are healthy and not an invalidation of our overall bullish movement. As you can see, we are still within a valid bullish channel and on the lower end where we have moved up now 3 times in the past month. The next resistance level if Bitcoin resumes...

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Today, we are going to do a macro-outlook on Bitcoin as it goes into its parabolic winter wave followed by the start of the bear market. Crossing the $50,000 threshold is a large psycholical breakthrough, especially for holders in cryptospace who watched a 53% correction nullify almost all gains in 2021 - and the correction was even steeper for assets such as...

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DOT is one of the most promising and exciting new cryptospaces. Currently it is stuck around $28 or so at the top of its ascending channel. Its current price point was support for several dips in spring but has now turned into resistance. A breakout over the top of the channel here could push DOT on a rally towards its previous ATH of $47. While DOT has had a...

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While Ethereum's ecosystem competitors such as Solana and Cardano have set ATHs in the past week, Ethereum has remained stable, floating between $2950 and $3300 after a 70% increase in the past month. Not too shabby but behind the other ecosystems. It is not a surprise considering the hype and launch behind EIP-1559 that it then needed a bit of a rest. It is still...

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Bitcoin has continued to pump and maintain strong bullish momentum after a short retracement. We are now in our 5th green week in a row. BTC is currently less than $1000 from the psychologically important $50k barrier which will be a battleground with shorts. A move towards a shorter-term target of $53k would represent a 21% move, similar to the 25% move we saw...

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Bitcoin has been in an upward trend since its mid-cycle low July 20. We see the retracement has bumped up against the upward trendline and a pump has begun from a low of just below 44.000. We have seen several fakeouts today but I believe this recent pump is finally here to stay and continuing towards 50k and beyond. I am of the belief the correction period is...

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I've seen a few prominent authors here advocating to short Cardano (ADA). This is in my humble opinion a HUGE mistake. Why? Both because of overall market trends, Cardano's movements since February, and because of technicals in Cardano's development. Cardano's rollout of the Alonso upgrade is imminent. Remember what happened in the past few weeks with Ethereum...

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Ethereum is one of my favorite overall projects. EIP-1559 is a fantastic update that will turn Ethereum into a deflationary asset like Bitcoin in the coming years. Additionally it is the most prominent layer 1 protocol with an exciting developer environment. I support Cardano and Solana as well but Ethereum is for the coming years the king and likely to flip...

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After a stellar 60% rise from 29k to over 48k, Bitcoin has been in a continuation pattern since August 9 - floating between 45k and 48k. It is possible we get our first red weekly candle after a month of green. This isn't necessarily a bad thing. We have seen many cases where Bitcoin and other cryptos need to breath before dramatic rises and setting new all time...

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Covalent (CQT) was a hyped project on CoinList with an ICO a few months ago. It has similar functionality as The Graph (GRT) and could eat it into its market cap. Covalent has gone up 300% in the last month but has a lot more room to run - I could see this as the potential next Solana. Coinlist ICO with hype, nothing for a little bit before raging its way into...

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AVAX is a strong defi play that peaked in February with an ATH. It was hit particularly hard in the mid-cycle correction and has been treading back towards its earlier year highs. We have seen large pumps and new ATHs now for Solana and Terra and I believe that Avalanche is a really strong play. It's a fundamentally strong project with a good development team....

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As predicted Bitcoin continued a short-lived correction wicking down to about 43.8k before now shooting back up and in the 46k range as of this writing. Altcoins have recovered just as strongly - ADA is crossing $2, ETH is still well over $3k. We are seeing as predicted support from the Bull market support band - a critical zone for bulls to defend if Bitcoin will...

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Hi everyone and welcome to my channel based in beautiful Oslo, Norway! I am a big crypto enthusiast with a background in financial management and education. We will be looking at trends in the overall crypto market. I am generally new to TradingView and see a lot of trading tips that go against the grain of overall market trends. Many are still calling Bitcoin...