The last good entry point was the green zone🟢 + Fear🟦. After that, the asset rose quite well, but now it needs to overcome the main resistance in the yellow zone.
📝As I said in my last post, we will collect long liquidity below the 95k level, which resulted in billions of liquidations. Then, I showed that we would return to the 98k level, which happened today.
🗣I don’t really like to give short-term forecasts because they contain more noise and errors, but recently the market has been quite interesting, so I’m sharing my thoughts.
💡So far, nothing has changed, and my forecast remains for continued consolidation. What can change are fundamentally important events, such as the adoption of a reserve. If the probability of such an event increases, it will definitely launch another wave of growth.
LIVE
Volodymyr
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$BTC Short-Term Analysis (update)
📝In the quoted post, I stated I expected we would see liquidity gathered on both sides, which we did. First, we went above the top of the range and collected the 104-108k zone, and now we will go and collect the zone below 95k.
💡In general, I do not consider this the beginning of a bear market or anything like that; it is within the framework of consolidation and the removal of levels around the expanding range. In altcoins, the correction is more noticeable; there are opportunities to gain something again because we have mostly secured the profit for the last months. (Thanks to our indicators)
As I mentioned in the quoted post, I expected a new x2 movement on the Rhodl ratio scale (6k → 12k), which occurred.
📝Now we have reached the last range - distribution. We observed a similar range in 2021-2022. You don’t need to anticipate such sharp peaks as in 2014, because Bitcoin has matured as an asset, and sellers are pressing harder at the moment of overbought.
💡And don’t be afraid of the word distribution. It doesn’t mean that a bear market has begun. It indicates that $BTC , in this cycle (another year), will grow slowly, consolidating more, and you shouldn’t expect x2 in price. If you want to increase your capital even more, you need to look at some undervalued altcoins. Our tools and consultations will help you choose them.
LIVE
Volodymyr
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#Bitcoin RHODL Ratio⚡️
$BTC has finished forming the 2nd accumulation zone and is about to break through it🚀
🤔Are we in for a breakthrough like last time? We had a similar zone in 2017 and 2020.
💡Most likely, Yes, but the breakthrough will be less strong than, for example, in 2020/2017. I would expect ~x2 on the RHODL scale.
📝In the quoted post, I stated I expected we would see liquidity gathered on both sides, which we did. First, we went above the top of the range and collected the 104-108k zone, and now we will go and collect the zone below 95k.
💡In general, I do not consider this the beginning of a bear market or anything like that; it is within the framework of consolidation and the removal of levels around the expanding range. In altcoins, the correction is more noticeable; there are opportunities to gain something again because we have mostly secured the profit for the last months. (Thanks to our indicators)
LIVE
Volodymyr
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$BTC Short-Term Analysis (update)
🗣In the last post, I indicated that 104k was a local ceiling, and then we would consolidate in the area of 95-100k, which is what happened.
📝Now, we are trying to consolidate above the 100k level. Most factors indicate that the consolidation will continue, and we will most likely see the gathering of liquidity on two sides of this accumulation.
💡Additionally, the positive is bolstered by the stable inflow from ETFs. If this continues, even despite long-term holders' sales, we will be able to set a new maximum by next month.
$MNT is testing the yellow zone🟨 after breaking through it.
Let me remind you, if the test turns out positive✅ it opens a great opportunity to reach the orange zone🟠 where you all know exactly what needs to be done
The number of stablecoins has increased in recent cycles, so it is better to look at the dominance that excludes them.
👀What do we see? Most likely, the mark in the region of ~65% is the peak of dominance. Further, we will grow in $BTC due to the increase in the capitalization of the entire crypto market. And in altcoins, when dominance decreases.
💡Now, while we are at local peaks of dominance, there is still room for investments in altcoins; you must choose them wisely. So, if you lack quality tools, welcome to Feels Strategy.
The asset is testing the yellow zone🟨 for the second time this month. As we know, consolidation before a level often leads to its breakout and each repeated test weakens the zone📈
$BGB Makes x6 and reaches the orange zone + extreme greed🟥.
You know what to do with this information.
💡And I also remind you that Fear🟦 and the green zone are the best times to buy an asset.
LIVE
Volodymyr
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$BGB has grown 5x from the green zone🟢 and is now in Greed🟥
💡Of course, the asset was in the green zone for quite a short time, but even if you looked at the asset when it was under the yellow and felt Fear🟦, you could find the best entry point.
Is this moving average better than most analysts?👀
#Bitcoin distance from 50SMA
📝As we said in the quoted post, the test of this support was a local bottom, and since then $BTC has made x2
💡When we were at 50k most people were drawing a trend line and predicting a drop to 40k. Although this tool(SMA) is not decisive and only complements the picture of understanding technical analysis, most ignore the picture as a whole.
LIVE
Volodymyr
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#Bitcoin distance from 50SMA 👀
This SMA has often acted as support during a bull market.
📝The rate was also lowered today by 50 basis points, more than planned, a sign that the FED sees that the economy needs more help from the regulator.
💡Such a radical step is an indicator that very soon additional liquidity will appear on the market and, as we know from previous posts, it will, of course, settle in $BTC and gold.
📝The asset has already made 200% after the Fear🟦 and the Green zone🟢, but, of course, the main profit awaits it after overcoming the yellow resist zone.
💡Although the market seems to be in full swing, there are still many coins with good risk/reward under the yellow zone, waiting for their time💰
⚡️Bitcoin is at a new high. Just recently, in the last post, I suggested that by the end of the month, we would see a new high, as it has already happened, even faster than I expected.
📝What has changed in these two days is that the chance of the US authorities creating a Bitcoin reserve has increased (25% → 40%). Of course, this is a fundamentally important factor that can accelerate adoption and set an example for other countries.
💡Also, on the liquidity map, we have removed the main liquidity of short positions; there is still a little around 108-110k. This is not too much liquidity that would attract us, but considering the inflow of ETFs and the increase in the probability of accepting the reserve, it may have a positive effect in the near future. Also, remember to take profits because #Bitcoin is already closer to the peak. We also invite you to our products for altcoins.
LIVE
Volodymyr
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$BTC Short-Term Analysis (update)
🗣In the last post, I indicated that 104k was a local ceiling, and then we would consolidate in the area of 95-100k, which is what happened.
📝Now, we are trying to consolidate above the 100k level. Most factors indicate that the consolidation will continue, and we will most likely see the gathering of liquidity on two sides of this accumulation.
💡Additionally, the positive is bolstered by the stable inflow from ETFs. If this continues, even despite long-term holders' sales, we will be able to set a new maximum by next month.
$BGB has grown 5x from the green zone🟢 and is now in Greed🟥
💡Of course, the asset was in the green zone for quite a short time, but even if you looked at the asset when it was under the yellow and felt Fear🟦, you could find the best entry point.
🗣In the last post, I indicated that 104k was a local ceiling, and then we would consolidate in the area of 95-100k, which is what happened.
📝Now, we are trying to consolidate above the 100k level. Most factors indicate that the consolidation will continue, and we will most likely see the gathering of liquidity on two sides of this accumulation.
💡Additionally, the positive is bolstered by the stable inflow from ETFs. If this continues, even despite long-term holders' sales, we will be able to set a new maximum by next month.
LIVE
Volodymyr
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$BTC Short-Term Analysis (update)
📝We have gathered the main liquidity above the 100k zone, as I said in the previous post. It was also quite accurately indicated about the consolidation between the levels 91-100k.
📝Now Bitcoin is trying to gain a foothold above this level already in the role of support.
📍On the liquidity map we can see that there is almost no short liquidity, and therefore there is not much fuel for the next such movement.
💡It seems that Bitcoin has already reached its local ceiling of around 105k and will consolidate at these levels for at least some time, with a possible drawdown of 95-100. These are favorable factors for the continuation of the altseason.